(DRAG) Roundhill China Dragons - Ratings and Ratios

The Roundhill China Dragons ETF (BATS:DRAG) is an actively managed exchange-traded fund designed to capture growth opportunities in Chinas innovative sectors. The fund focuses on a concentrated portfolio of five to ten large-cap Chinese companies, known as the China Dragons, which are selected based on their leadership in innovation, market influence, and growth potential. These companies typically operate in sectors such as technology, e-commerce, fintech, and renewable energy, driving Chinas economic transformation and global competitiveness.

As of the latest data, DRAG trades on the BATS exchange with an average 20-day volume of 74,898 shares, indicating moderate liquidity. The funds last price was $27.87, with key moving averages showing an upward trend: SMA 20 at $26.39, SMA 50 at $23.69, and SMA 200 at $22.81. The Average True Range (ATR) of 0.79 reflects relatively stable price movements. With assets under management (AUM) of $38.69 million, DRAG is a niche ETF targeting investors seeking exposure to Chinas most dynamic and innovative companies.

3-Month Forecast: Based on the current trend, DRAG is expected to maintain its upward momentum, supported by the rising SMA indicators. The SMA 20 crossing above the SMA 50 suggests short-term bullish sentiment. Technical resistance may be tested near $29.50, while support is likely to hold around $25.80. Fundamentally, increasing AUM could signal growing investor confidence, potentially driving further price appreciation. However, volatility may increase if broader market conditions or U.S.-China relations shift. ATR is expected to remain stable, indicating moderate price fluctuations.