(HAP) VanEck Natural Resources - Ratings and Ratios

The VanEck Natural Resources ETF (HAP) is designed to provide exposure to a diversified portfolio of natural resources companies. The fund typically allocates at least 80% of its assets to securities that are part of its benchmark index, which is a global index tracking the performance of companies across various natural resources sectors. These sectors include agriculture, energy, renewable energy, industrial metals, precious metals, and forest and paper products. This diversification aims to capture growth opportunities across different commodity cycles and sub-sectors. The funds structure allows investors to gain exposure to both established and emerging companies within the natural resources space, providing a broad representation of the sector. For more information, please visit http://www.vaneck.com.

Ticker Symbol: HAP | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Natural Resources

Based on the provided data, the 3-month forecast for the VanEck Natural Resources ETF (HAP) suggests a potential sideways to slightly bearish trend. The funds last price of $47.38 is below its 20-day SMA of $48.47, indicating short-term weakness. However, it is trading slightly above its 50-day SMA of $47.46, suggesting some support at current levels. The 200-day SMA of $48.96 is above the current price, which could act as resistance. The ATR of 0.51 indicates low volatility, suggesting that price movements are likely to remain constrained in the near term. Fundamentally, the AUM of $144.96M reflects moderate scale, which may impact liquidity but is not indicative of a significant trend reversal. Overall, the technical indicators suggest that the fund may experience limited upside and could face selling pressure if it fails to break above the 20-day and 200-day SMAs.