(FCTE) SMI 3Fourteen Full-Cycle - Ratings and Ratios

The SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) is an actively managed exchange-traded fund that typically holds a concentrated portfolio of 20 domestic stocks, primarily from the S&P 500 Index. The fund employs a proprietary strategy developed by 3Fourteen, which combines rigorous quality screens with trend-based factors. These factors include return on capital, cash flow stability, earnings growth, return on investment, momentum, and advanced trend analysis using linear regression. The fund is non-diversified, allowing it to take larger positions in its highest-conviction ideas.

As of the latest data, FCTE has an average trading volume of 113,763 shares over the past 20 days, with a last price of $26.38. Its short-term technical indicators show the SMA 20 at $26.84 and SMA 50 at $26.68, while the SMA 200 is slightly lower at $26.62. The ATR of 0.33 indicates relatively low volatility. With assets under management (AUM) of $441.74 million, the fund maintains a moderate size, balancing liquidity with focused exposure to its strategy.

3-Month Forecast: Based on the provided data, FCTE is expected to remain range-bound in the near term, with potential resistance at $26.84 (SMA 20) and support at $26.62 (SMA 200). The low ATR of 0.33 suggests limited volatility, while the moderate average volume may indicate steady investor interest. Fundamentally, the AUM of $441.74 million reflects a stable investor base, which could support the funds performance. Overall, the outlook is neutral to slightly bearish in the short term, with a potential downside of 1-2% if the SMA 20 resistance holds.