(TAGS) Teucrium Agricultural Fund - Ratings and Ratios

The Teucrium Agricultural Fund (TAGS) is designed to track the daily performance of a basket of agricultural commodities through its underlying funds. Under typical market conditions, the fund allocates its assets to futures contracts tied to benchmark agricultural commodities and holds cash or cash equivalents to facilitate trading and maintain liquidity. The funds structure allows investors to gain exposure to agricultural markets without directly holding physical commodities. For more information, visit http://www.teucriumcornfund.com.

TAGS is listed on the NYSE ARCA under the ticker symbol TAGS and is classified as a commodities-focused ETF. It provides investors with a way to access agricultural markets through a diversified portfolio of futures contracts. The funds holdings are designed to reflect the performance of key agricultural benchmarks, offering a hedge against inflation and a way to diversify investment portfolios.

From a technical perspective, TAGS has shown a recent price of $25.36, with short-term moving averages (SMA 20 and SMA 50) at $26.16 and $25.72, respectively. The long-term SMA 200 stands at $25.96, indicating a slightly bearish trend in the short term but a neutral stance over the longer term. The Average True Range (ATR) of 0.29 suggests relatively low volatility, with average daily price movements remaining modest.

Fundamentally, TAGS has assets under management (AUM) of $10.12 million, which is relatively small compared to other ETFs. This smaller size can lead to lower trading volumes, potentially affecting liquidity and market impact for larger trades. However, the funds focus on agricultural commodities provides exposure to a sector that is often less correlated with broader equity markets.

Over the next three months, TAGS is expected to remain range-bound, with support near $25 and resistance around $26.50 based on its current moving averages. The funds performance will likely be influenced by agricultural market trends, including supply and demand dynamics, geopolitical factors, and weather patterns. Investors should monitor these factors closely, as they can impact the funds ability to track its underlying benchmarks effectively.