(NACP) Impact Shares NAACP - Ratings and Ratios

The Impact Shares NAACP Minority Empowerment ETF (NYSE ARCA: NACP) is designed to invest at least 80% of its total assets, plus borrowings for investment purposes, in component securities of its underlying index. This index is crafted to track the performance of large and mid-capitalization companies that actively empower minority communities, either through their business practices, policies, or community engagement. The fund aims to deliver risk and return characteristics comparable to the Morningstar U.S. Large-Mid Cap Index, providing investors with exposure to a diversified portfolio of companies that align with the values of minority empowerment.

As of the latest data, the ETF has an average trading volume of 4,798 shares over the past 20 days, with a last price of $41.35. Its short-term moving averages (SMA 20 and SMA 50) are slightly above its current price, at $42.68 and $42.23, respectively, while its long-term SMA 200 stands at $40.28. The Average True Range (ATR) of 0.45 indicates relatively low volatility. With assets under management (AUM) of $57.11 million, the fund operates within the Large Blend ETF category, focusing on U.S.-based companies.

3-Month Forecast (Based on Technical and Fundamental Data): - Technical Outlook: The funds price is currently below its SMA 20 and SMA 50, suggesting potential short-term weakness. However, its position above the SMA 200 indicates longer-term stability. With an ATR of 0.45, volatility is expected to remain muted. - Fundamental Outlook: The funds AUM of $57.11 million reflects moderate investor interest. Low average daily volume may lead to limited liquidity, potentially amplifying price movements in response to market sentiment. - Projection: Over the next three months, NACP is likely to trade sideways within a narrow range, with support near $40.28 (SMA 200) and resistance near $42.68 (SMA 20).