(NOBL) ProShares SP500 Dividend - Ratings and Ratios

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is designed to track the performance of the S&P 500 Dividend Aristocrats Index, which focuses on companies within the S&P 500 that have consistently increased their dividends for at least 25 consecutive years. These companies are recognized for their financial stability and commitment to returning capital to shareholders through sustainable dividend growth. The fund typically invests at least 80% of its assets in securities of companies included in the index or in financial instruments that provide similar economic exposure. This approach aims to replicate the indexs performance, offering investors a way to access high-quality, dividend-growing companies.

Ticker Symbol: NOBL Exchange: BATS Type: ETF Country Origin: USA ETF Category: Large Value

Based on the provided technical and fundamental data, the 3-month forecast for NOBL suggests the following: - Technical Outlook: The ETF is currently trading below its 50-day and 200-day moving averages, indicating potential resistance at these levels. The 20-day moving average is slightly above the current price, which may act as a support level. The Average True Range (ATR) of 2.17 suggests moderate volatility, which could lead to a trading range between 95 and 100 over the next three months. - Fundamental Outlook: With assets under management (AUM) of $11.357 billion, NOBL is well-established and liquid. The funds focus on dividend aristocrats positions it to perform relatively well in a market seeking stability and income growth.