(MJ) Amplify Trust - Ratings and Ratios

The Amplify ETF Trust (NYSE ARCA:MJ) is a non-diversified exchange-traded fund (ETF) that typically invests at least 80% of its net assets in securities that are part of its underlying index. This index is designed to offer exposure to both global and U.S. companies that are involved in various aspects of the cannabis industry. These companies may engage in the cultivation, production, marketing, or distribution of cannabis, including industrial hemp. Additionally, the fund may invest in firms that produce, market, transport, or distribute products containing cannabis, including industrial hemp, for either medical or non-medical purposes.

Ticker Symbol: MJ Exchange: NYSE ARCA Type: ETF Country Origin: USA ETF Category: Miscellaneous Sector

Based on the provided and , here is a 3-month forecast: - Price Range: The funds last price of 22.49, combined with its SMA 20 (25.08) and SMA 50 (25.84), suggests a potential price range of $21.77 to $26.21 over the next three months. - Volatility: With an ATR of 0.72, the fund is expected to experience moderate volatility, leading to a projected average monthly price movement of ±$2.16. - Trend: The gap between the current price and the SMA 20/50 indicates a bearish trend, which may continue unless the price breaks above the SMA 50. - Volume: Average volume of 92,054 shares suggests moderate liquidity, which could support stable price movements. - AUM Growth: With an AUM of $250.68M, the fund may experience growth in assets if investor interest in the cannabis sector increases, potentially leading to higher trading volumes and price appreciation.