PSCU Stock Summary and Trading Ideas (Invesco S&P Smallcap Utilities & Communication Services ETF | NASDAQ:PSCU)

The Invesco S&P SmallCap Utilities & Communication Services ETF (Fund) is based on the S&P SmallCap 600 Capped Utilities & Communication Services Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is designed to measure the overall performance of the securities of US utility companies and companies in the communication services sector. Companies in the utility sector are principally engaged in providing either energy, water, electric or natural gas utilities, and companies the communications sector facilitate communication or offer related content and information through various types of media, such as diversified and wireless telecommunication services, media, entertainment and interactive media and services. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Invesco S&P Smallcap Utilities & Communication Services ETF trades on the NASDAQ stock market under the symbol PSCU.

As of April 26, 2024, PSCU stock price climbed to $50.49 with 481 million shares trading.

PSCU has a market cap of $14.64 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, PSCU stock traded as high as $69.13 and as low as $46.76.

PSCU has underperformed the market in the last year with a return of -5.5%, while the SPY ETF gained +27.4%. In the last 3 month period, PSCU fell short of the market, returning -2.9%, while SPY returned +4.6%. However, in the most recent 2 weeks PSCU has outperformed the stock market by returning +2.4%, while SPY returned -0.5%.

PSCU support price is $49.77 and resistance is $50.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSCU stock will trade within this expected range on the day.