(BATT) Amplify Lithium Battery - Ratings and Ratios

The Amplify Lithium & Battery Technology ETF (NYSE ARCA: BATT) is designed to provide exposure to companies globally that generate significant revenue from lithium battery technology. The fund typically allocates at least 80% of its net assets to securities included in its underlying index. The index tracks firms involved in the development, production, and utilization of lithium batteries, reflecting the growing demand for energy storage solutions. As a non-diversified fund, it may concentrate investments in a smaller number of securities, potentially amplifying risk and return. The fund is categorized under Natural Resources and trades on the NYSE ARCA exchange.

Based on the provided and , the 3-month forecast for BATT suggests: - The funds price may oscillate between $8.46 and $9.04, reflecting its current SMA 20 ($8.83) and ATR (0.19). - Support levels are likely near $8.46, while resistance could form around $9.04. - With an AUM of $62.34M, the funds liquidity remains moderate, which may influence price movements in response to market sentiment. - The SMA 50 ($8.90) and SMA 200 ($8.81) indicate a potential bullish crossover, signaling short-term strength. - Average volume of 25,081 shares suggests stable trading activity, which may support price stability. - Overall, the technical outlook suggests a neutral to slightly bullish trend, with potential upside driven by continued demand for lithium-based technologies.