(USOY) Defiance Oil Enhanced - Ratings and Ratios

Defiance Oil Enhanced Options Income ETF (NASDAQ: USOY) is an actively managed exchange-traded fund designed to generate current income while providing indirect exposure to the share price of the United States Oil Fund, LP (USO). The fund employs a structured options strategy to enhance yield, though it caps potential gains from increases in USOs share price to balance risk and return. As a non-diversified fund, it may concentrate investments in a smaller number of securities, which can increase volatility but also allow for targeted exposure to specific market opportunities.

Ticker Symbol: USOY | Exchange: NASDAQ | Type: ETF | Country Origin: USA | ETF Category: Equity Hedged

Based on the provided data, the fund currently has an average 20-day volume of 79,572 shares, with a last price of $12.13. The funds technical indicators show a SMA 20 of $12.55, SMA 50 of $12.59, and SMA 200 of $11.73, suggesting a recent uptrend that has flattened in the short term. The ATR of 0.24 indicates moderate price volatility. The fund has assets under management (AUM) of $29.11 million.

3-Month Forecast: The funds price is likely to oscillate between $12.00 and $12.80, influenced by its SMA 50 and SMA 200 trends. The SMA 20 and SMA 50 are slightly above the current price, signaling potential bearish momentum in the near term. However, the rising SMA 200 suggests long-term support. The ATR of 0.24 indicates moderate volatility, so price fluctuations within the forecasted range are expected to remain contained.