(MDPL) Northern Lights Fund Trust - Ratings and Ratios

The Northern Lights Fund Trust IV - Monarch Dividend Plus Index ETF (BATS:MDPL) is a mid-cap value-focused exchange-traded fund (ETF) listed on the BATS exchange in the United States. It targets mid-sized companies with strong value characteristics, aiming to deliver dividend income and long-term capital appreciation. The fund is designed for investors seeking exposure to undervalued mid-cap equities with a history of consistent dividend payments.

From a technical perspective, MDPL has shown stability in recent trading sessions. The SMA 20 (25.92) and SMA 50 (25.77) indicate a slightly bullish short-term trend, while the SMA 200 (25.84) suggests a neutral long-term outlook. The Average True Range (ATR) of 0.25 reflects low volatility, with the fund trading in a narrow range. The average 20-day volume of 9,950 shares highlights moderate liquidity, suitable for retail and institutional investors alike.

Fundamentally, MDPL manages an asset base of $56.88 million, positioning it as a smaller but focused ETF in the mid-cap value category. This size allows for targeted portfolio construction while maintaining diversification across sectors. The funds structure is designed to align with the performance of its underlying index, ensuring minimal tracking error and efficient replication of the benchmark.

3-Month Forecast: Based on the current technical and fundamental data, MDPL is expected to trade within a narrow range of $25.50 to $26.50. The SMA 200 indicates potential support at $25.84, while the recent price action suggests resistance near $26.20. The low ATR of 0.25 implies limited volatility, with potential upside driven by dividend-focused investor demand and downside risk tied to broader market movements. The funds AUM stability and moderate volume suggest steady performance in the near term.