(SPXN) ProShares SP500 - Ratings and Ratios

The ProShares S&P 500 ex-Financials ETF (SPXN) is designed to provide exposure to the S&P 500 Index, excluding companies in the Financials and Real Estate sectors. The fund typically invests at least 80% of its assets in the component securities of its underlying index. As a non-diversified fund, it may concentrate its investments in a smaller number of securities. This approach allows investors to gain exposure to the broad U.S. equity market while avoiding sectors that may be sensitive to interest rate changes or real estate market fluctuations. The fund is listed on the NYSE Arca under the ticker symbol SPXN and is categorized as a Large Blend ETF. For more information, please visit http://www.proshares.com.

Based on the provided data, the 3-month forecast for SPXN is as follows:

Technical Outlook: The funds price of 62.13 is currently below its 20-day SMA of 63.96 and 50-day SMA of 63.93, indicating short-term weakness. However, it remains above the 200-day SMA of 61.28, suggesting that the long-term trend is still intact. The Average True Range (ATR) of 0.67 reflects relatively low volatility, which may lead to a period of consolidation or modest price movements.

Fundamental Outlook: With an AUM of $59.53 million, the fund is moderately sized, which may impact liquidity. The average 20-day volume of 1,954 shares suggests limited trading activity, which could result in wider bid-ask spreads. Given the current technical setup and fundamental profile, the fund is expected to trade sideways to slightly lower over the next three months, with potential support near the 200-day SMA level of 61.28.