(MOO) VanEck Agribusiness - Ratings and Ratios

The VanEck Agribusiness ETF (NYSE ARCA: MOO) is designed to track the performance of companies operating across the agricultural value chain. The fund typically allocates at least 80% of its total assets to securities included in its benchmark index, which focuses on firms generating at least 50% of their revenues from sectors such as agri-chemicals, animal health, fertilizers, seeds, and traits. Additionally, the index includes companies involved in farm equipment, irrigation, aquaculture, livestock, plantations, and the trading of agricultural products. As a non-diversified fund, it may concentrate its investments in a smaller number of securities. For more information, visit http://www.vaneck.com.

From a technical perspective, MOO is currently trading at $68.05, slightly below its 20-day SMA of $68.12 but marginally above its 50-day SMA of $67.02. The 200-day SMA stands at $68.91, indicating a potential resistance level. The Average True Range (ATR) of 0.79 suggests relatively low volatility in recent trading sessions. Average daily volume over the past 20 days is 65,796 shares, reflecting moderate liquidity.

Over the next three months, MOO is expected to trade within a narrow range, supported by its proximity to key moving averages. The 50-day SMA crossing above the 200-day SMA could signal a bullish trend, while the 20-day SMA remaining below the 200-day SMA may indicate near-term consolidation. With an AUM of $573.19 million, MOO remains a significant player in the agricultural commodities ETF space, with potential upside driven by strengthening agricultural demand and supply chain improvements.