RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PSCU
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

PowerShares S&P SmallCap Utilities ETF upgraded from Sell Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The PowerShares S&P SmallCap Utilities ETF price gained 0.643% on the last trading day (Thursday, 28th Mar 2024), rising from $51.14 to $51.47. During the last trading day the ETF fluctuated 0.0729% from a day low at $51.43 to a day high of $51.47. The price has been going up and down for this period, and there has been a 2.16% gain for the last 2 weeks. Volume fell on the last day by -556 shares and in total, 235 shares were bought and sold for approximately $12.09 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -4.05% during the next 3 months and, with a 90% probability hold a price between $47.60 and $50.20 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

PSCU Signals & Forecast

The PowerShares S&P SmallCap Utilities ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $50.72 and $51.18. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 3.04%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

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

PowerShares S&P SmallCap Utilities finds support from accumulated volume at $51.22 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0.0375 between high and low, or 0.0729%. For the last week the ETF has had daily average volatility of 0.81%

Our recommended stop-loss: $49.02 (-4.75%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (PSCU) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect PowerShares S&P SmallCap Utilities Portfolio to open at $51.46, and during the day (based on 14 day Average True Range), to move between $50.94 and $52.00, which gives a possible trading interval of +/-$0.528 (+/-1.03%) up or down from last closing price. If PowerShares S&P SmallCap Utilities Portfolio takes out the full calculated possible swing range there will be an estimated 2.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $51.60 (0.26%) than the support at $51.22 (0.48%), 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 Utilities Portfolio ETF A Buy?

PowerShares S&P SmallCap Utilities holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.776 Hold/Accumulate Upgraded

Predicted Opening Price for PowerShares S&P SmallCap Utilities Portfolio of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$51.46 ( 0.0243%) $51.47

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PSCU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 51.49 0.0486 %
R2 51.48 0.0207 %
R1 51.47 0.0035 %
Current price: 51.47
Support S1 51.44 -0.0521 %
S2 51.43 -0.0693 %
S3 51.42 -0.0971 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 53.21 3.39 %
R2 51.74 0.531 %
R1 51.60 0.258 %
Current price 51.47
Support S1 51.22 -0.478%
S2 50.79 -1.32%
S3 50.38 -2.11%

PSCU Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 18, 2024 Mar 18, 2024 Mar 22, 2024 $0.123 0.245%
2 Dec 18, 2023 Dec 18, 2023 Dec 22, 2023 $0.272 0.503%
3 Sep 18, 2023 Sep 18, 2023 Sep 22, 2023 $0.378 0.755%
4 Sep 08, 2023 Jun 20, 2023 Jun 23, 2023 $0.0250 0.0486%
5 Jun 19, 2023 Mar 20, 2023 Mar 24, 2023 $0.191 0.356%

FAQ

What is the symbol for PowerShares S&P SmallCap Utilities Portfolio ETF and on which exchange is it traded?
The symbol for PowerShares S&P SmallCap Utilities Portfolio is PSCU and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell PowerShares S&P SmallCap Utilities Portfolio ETF?
PowerShares S&P SmallCap Utilities holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy PowerShares S&P SmallCap Utilities Portfolio ETF?
PowerShares S&P SmallCap Utilities Portfolio ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PowerShares S&P SmallCap Utilities Portfolio ETF.

What's the current price of PowerShares S&P SmallCap Utilities Portfolio ETF?
As of the end of day on the 2024-03-28, the price of an PowerShares S&P SmallCap Utilities Portfolio (PSCU) share was $51.47.

What is the 52-week high and low for PowerShares S&P SmallCap Utilities Portfolio ETF?
The 52-week high for PowerShares S&P SmallCap Utilities Portfolio ETF is $57.71 and the 52-week low is $46.76.

What is the market capitalization of PowerShares S&P SmallCap Utilities Portfolio ETF?
As of the 2024-03-28, the market capitalization of PowerShares S&P SmallCap Utilities Portfolio is 15.958M.
Click to get the best stock tips daily for free!

About PowerShares S&P SmallCap Utilities Portfolio

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P SmallCap 600® Capped Utilities & Telecommunication Services Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks of small capitalization U.S. utility companies that comprise the underlying index. These companies are principally engaged in providing either energ... PSCU Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT