Powershares S&p Smallcap Materials Portfolio ETF Forecast

Sell candidate since Jun 23, 2026

The PowerShares S&P SmallCap Materials ETF price fell by -2.69% on the last day (Tuesday, 23rd Jun 2026) from $106.42 to $103.56. During the last trading day the ETF fluctuated 1.92% from a day low at $103.56 to a day high of $105.55. The price has been going up and down for this period, and there has been a 1.51% gain for the last 2 weeks. Volume has increased on the last day by 6 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 7 thousand shares were bought and sold for approximately $719.22 thousand.

The ETF lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 6.43% during the next 3 months and, with a 90% probability hold a price between $107.64 and $119.71 at the end of this 3-month period.

PSCM Signals & Forecast

There are few to no technical positive signals at the moment. The PowerShares S&P SmallCap Materials ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $106.21 and $104.79. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 12, 2026, and so far it has fallen -3.97%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). PowerShares S&P SmallCap Materials gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for PowerShares S&P SmallCap Materials ETF

PowerShares S&P SmallCap Materials finds support from accumulated volume at $99.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $1.99 between high and low, or 1.92%. For the last week the ETF has had daily average volatility of 1.30%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (PSCM) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect PowerShares S&P SmallCap Materials Portfolio to open at $104.22, and during the day (based on 14 day Average True Range), to move between $102.64 and $104.48, which gives a possible trading interval of +/-$1.84 (+/-1.80%) up or down from last closing price. If PowerShares S&P SmallCap Materials Portfolio takes out the full calculated possible swing range there will be an estimated 1.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $104.42 (0.83%) than the support at $99.85 (3.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is PowerShares S&P SmallCap Materials Portfolio ETF A Buy?

The PowerShares S&P SmallCap Materials ETF holds several negative signals and despite the positive trend, we believe PowerShares S&P SmallCap Materials will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.

Current score: -4.382 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $104.22 ( 0.641%).

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