PIO Analysis 2 MonthsIn this PIO analysis, you can see the 2 possible directions of this ETF, bullish or bearish.
Through 2 Fibonacci analysis we can see the supports and resistances that must be keep in mind, because these will determine the PIO direction.
Tell me your opinion and if you want me to do more analysis.
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Key stats
About Invesco Global Water ETF
Home page
Inception date
Jun 13, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PIO provides viable exposure to the broader global water market. The fund's (ironically appropriate) liquidity-weighting scheme produces a concentrated portfolio that only loosely resembles our market-cap-weighted benchmark. PIO is dominated by large- to midcap firms that create products that conserve and purify water for homes, businesses, and industries. Also, only companies participating in the Green Economy as determined by SustainableBusiness.com LLC are eligible for inclusion. The index currently limits weighting in both the country and issuer level, to ensure diversification between constituents. Lastly, it is important to note that the fund uses a full replication method to track the underlying index. Rebalancing is done quarterly while reconstitution is done annually.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Utilities
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.