(NFLY) Tidal Trust II - Ratings and Ratios

Tidal Trust II (NYSE ARCA:NFLY) is a non-diversified exchange-traded fund (ETF) designed to maintain its investment strategy irrespective of market conditions. The fund does not adopt temporary defensive positions during adverse market, economic, or other challenging periods, ensuring continuity in its approach regardless of external factors. As a derivative income-focused ETF, it is structured to generate returns through strategies involving derivatives, with a focus on income generation while maintaining exposure to its underlying assets.

Trading with an average 20-day volume of 238,757 shares, NFLY closed at $17.67 as of the latest price. The funds short-term trend, indicated by its 20-day simple moving average (SMA), stands at $18.29, slightly above its current price, while the 50-day SMA at $17.44 suggests moderate upward momentum. The 200-day SMA of $14.67 reflects a longer-term upward trend, with the funds price rising significantly over the past year. The Average True Range (ATR) of 0.46 indicates moderate volatility, suggesting relatively stable price movements. With assets under management (AUM) of $119.23 million, the fund maintains a notable scale in its operations.

3-Month Forecast:

Price Action: Based on the convergence of the 20-day SMA ($18.29) and 50-day SMA ($17.44), NFLY is expected to face initial resistance near $18.30. A breakout above this level could push the price toward $19.00, while a pullback may find support at $17.00, aligning with the 50-day SMA. The 200-day SMA ($14.67) suggests a longer-term bullish bias, indicating potential upside if the fund maintains its current trajectory.

Volatility: With an ATR of 0.46, NFLY is anticipated to experience moderate price fluctuations over the next three months. Daily price movements are likely to remain within a $0.40-$0.50 range, reflecting stable trading conditions. However, external market factors could amplify volatility, potentially widening the ATR to $0.60 if unexpected economic or geopolitical events occur.

Liquidity: The funds average daily volume of 238,757 shares indicates sufficient liquidity for most investors. However, larger trades may face minor slippage due to the funds moderate trading activity. The AUM of $119.23 million supports its liquidity profile, ensuring efficient buy and sell executions under normal market conditions.