(XMMO) Invesco S&P MidCap Momentum - Ratings and Ratios

The Invesco S&P MidCap Momentum ETF (NYSE ARCA:XMMO) is designed to track the performance of the S&P MidCap 400 Momentum Index, which focuses on mid-cap companies exhibiting strong momentum characteristics. The fund invests at least 90% of its total assets in securities from the underlying index. The index is constructed by selecting constituents of the S&P MidCap 400® Index with the highest momentum scores, which are determined based on a multi-factor model that considers factors like price movement and trading volume over specific time periods. This approach aims to capture mid-sized companies that are experiencing strong price appreciation and high investor demand.

As a mid-cap blend ETF, XMMO provides exposure to a mix of growth and value stocks within the mid-capitalization segment of the U.S. equity market. The fund is listed on the NYSE ARCA and is structured to offer investors a diversified portfolio of mid-cap companies with strong momentum characteristics. The underlying index is maintained and calculated by the index provider in accordance with predefined guidelines and procedures, ensuring consistency and transparency in its composition and performance tracking.

Ticker Symbol: XMMO Exchange: NYSE ARCA Type: ETF Country Origin: USA ETF Category: Mid-Cap Blend Average Volume 20d: 258,000 Last Price: 114.01 SMA 20: 109.99 SMA 50: 115.03 SMA 200: 120.75 ATR: 3.85 AUM: 3245.77M USD

Based on the provided data, the funds technical and fundamental indicators suggest the following 3-month outlook:

- Short-Term Momentum: The funds 20-day SMA (109.99) is below its current price (114.01), indicating short-term upward momentum. - Medium-Term Support: The 50-day SMA (115.03) is slightly above the current price, suggesting potential resistance or stabilization in the near term. - Long-Term Trend: The 200-day SMA (120.75) is above the current price, signaling a potential downtrend in the longer term. - Volatility: The ATR (3.85) indicates moderate volatility, which may result in price fluctuations within a defined range. - Fundamental Strength: The AUM of $3.245 billion reflects strong investor interest and liquidity, which could support the funds stability.

Over the next three months, XMMO is expected to experience oscillations due to the divergence between its short-term and long-term moving averages. The fund may face resistance near the 50-day SMA but could find support if the short-term momentum persists. Investors should monitor the relationship between the 20-day and 200-day SMAs for signs of trend reversal or continuation.