(NCIQ) Hashdex Nasdaq Crypto Index - Ratings and Ratios

The Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) is designed to provide investors with diversified exposure to a broad range of cryptocurrency assets by tracking the Nasdaq Crypto Index™. This ETF offers a structured way to gain access to the crypto market, leveraging the expertise of both Hashdex and Nasdaq. The fund is listed on the NASDAQ exchange and is categorized under Digital Assets, making it a key instrument for investors seeking exposure to cryptocurrencies within a traditional ETF framework.

Ticker Symbol: NCIQ
Exchange: NASDAQ
Type: ETF
Country Origin: USA
ETF Category: Digital Assets

From a technical standpoint, NCIQ has shown a 20-day average volume of 19,850 shares, indicating moderate trading activity. The ETF is currently priced at $20.72, with key moving averages signaling potential trends. The SMA 20 at $21.48 and SMA 50 at $23.16 suggest recent downward momentum, while the SMA 200 at $23.20 highlights a longer-term sideways trend. The ATR of 0.76 reflects relatively low volatility compared to other crypto-related assets, making it a potentially stable choice for risk-averse investors.

Average Volume 20d: 19,850
Last Price: $20.72
SMA 20: $21.48
SMA 50: $23.16
SMA 200: $23.20
ATR: 0.76

Fundamentally, NCIQ manages an AUM of $93.05 million, positioning it as a mid-sized ETF in the digital assets category. This level of assets under management indicates a balance between liquidity and market reach, allowing the fund to maintain its tracking efficiency while providing exposure to a diversified basket of cryptocurrencies.

AUM: $93.05 million USD

Looking ahead, the next three months for NCIQ are expected to reflect broader crypto market trends. Based on the current technical setup, the ETF may face headwinds if the SMA 20 continues to trade below the SMA 50 and SMA 200, indicating bearish momentum. However, the relatively low ATR suggests that price fluctuations may remain subdued. On the fundamental side, the AUM of $93.05 million provides a stable base, but inflows or outflows could be influenced by macroeconomic conditions and regulatory developments in the crypto space. Overall, NCIQ is likely to remain a benchmark for institutional and retail investors seeking diversified crypto exposure, with performance closely tied to the Nasdaq Crypto Index™.

3-Month Forecast:
The ETFs price is expected to remain range-bound between $18 and $22, influenced by the broader crypto market trends. The SMA 20 and SMA 50 crossover could signal a potential bullish reversal if the 20-day moving average crosses above the 50-day moving average. However, if the SMA 20 remains below the SMA 50, bearish momentum may persist. The ATR of 0.76 suggests that volatility will remain moderate, providing a relatively stable investment environment compared to direct crypto holdings.