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Market Impact: 0.1

PDN Crosses Below Key Moving Average Level

October 1, 2026

Source: Nasdaq

Market Technicals & Flows

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) fell below its 200-day moving average of $45.46 on Thursday, trading as low as $45.37. The technical breakdown is a mildly bearish signal for the ETF but is unlikely to have broader market implications.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

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