(GOOY) Tidal Trust II - Ratings and Ratios

Tidal Trust II (NYSE ARCA:GOOY) is a non-diversified exchange-traded fund (ETF) designed to track the performance of Alphabet Inc. (GOOGL) through its investment strategy. The fund maintains its exposure to GOOGL regardless of market conditions, avoiding temporary defensive positions during adverse periods. This approach aligns the funds returns closely with GOOGLs performance, making it a targeted investment vehicle for those seeking direct correlation with Alphabets stock.

From a technical standpoint, GOOY is currently trading at $13.08, below its 20-day SMA of $13.77 and 50-day SMA of $14.16, indicating potential bearish momentum. The 200-day SMA of $13.70 suggests a slightly bearish trend. With an ATR of 0.32, volatility is relatively low, implying stable price movements. Fundamentally, the fund manages $119.56M in assets, providing moderate liquidity. Over the next three months, if GOOGLs stock remains under pressure, GOOY may face selling pressure, potentially testing support near $12.50. Conversely, if GOOGL rebounds, GOOY could approach resistance at $14.50. The low ATR suggests limited price fluctuations, with a likely range between $12.75 and $13.50.