(PEHH) Invesco FTSE RAFI Emerging - Ratings and Ratios

The Invesco FTSE RAFI Emerging Markets UCITS ETF (SW:PEHH) is a Switzerland-domiciled exchange-traded fund designed to track the performance of the Morningstar EM TME NR USD Index. This index employs a fundamentals-based approach, focusing on factors such as sales, dividends, cash flow, and book value to select and weight constituents. The fund provides exposure to emerging market equities, offering diversification across regions and sectors.

From a technical perspective, the ETF currently trades at 9.56, slightly above its 20-day moving average of 9.44. The 50-day moving average stands at 9.15, while the 200-day moving average is at 8.93, indicating a gradual upward trend. Average daily trading volume over the past 20 days is 5,160 shares, reflecting moderate liquidity. The ATR of 0.09 suggests relatively low volatility in recent trading sessions.

Fundamentally, the ETF manages assets under management (AUM) of 49.26 million USD, representing a modestly sized fund within the emerging markets equity ETF category. This scale allows for efficient tracking of the underlying index while maintaining accessibility for investors seeking exposure to the Morningstar EM TME NR USD Index.

Over the next three months, based on the current technical and fundamental data, the ETF is expected to remain range-bound with potential upside driven by strengthening emerging market fundamentals. The 20-day moving average of 9.44 and the 50-day moving average of 9.15 suggest support levels, while resistance may emerge near the recent high of 9.56. The low ATR of 0.09 indicates that price fluctuations are likely to remain muted, with the ETF trading within a narrow range of 9.15 to 9.75. The AUM of 49.26 million USD reflects a stable investor base, which may contribute to steady trading volumes and limited volatility.