(AQWA) Global X Clean Water - Ratings and Ratios

The Global X Clean Water ETF (NASDAQ:AQWA) is a non-diversified exchange-traded fund designed to provide exposure to companies involved in the clean water industry. The fund invests at least 80% of its total assets in securities from its underlying index, which includes ADRs and GDRs of companies operating in water treatment, waste management, and water infrastructure. The ETF is categorized under Natural Resources and is listed on the NASDAQ exchange.

From a technical perspective, AQWA has shown a mixed trend, with its SMA 20 at 17.27 and SMA 50 at 17.09, slightly below its last price of 17.36. The SMA 200 at 17.49 suggests a potential long-term support level. The ATR of 0.17 indicates low volatility, while the average 20-day volume of 1,424 shares reflects limited trading activity. With an AUM of $10.09M, the fund is relatively small, which may impact liquidity and price stability.

3-Month Forecast: Based on the current technical and fundamental data, AQWA is expected to face headwinds due to its low trading volume and limited AUM. The SMA 20 and SMA 50 suggest a potential short-term decline, while the SMA 200 may act as a floor. The low ATR indicates that price movements will likely remain muted, with minimal upside or downside potential. Investors should monitor the funds liquidity and market sentiment toward clean water initiatives.