(VIDI) Vident International Equity - Ratings and Ratios

The Vident International Equity Fund (NYSE ARCA: VIDI) is a passively managed exchange-traded fund (ETF) designed to track the performance of a rules-based, systematic strategy index. Under normal market conditions, the fund allocates at least 80% of its total assets (excluding collateral from securities lending) to equity securities and depositary receipts that replicate the composition of its underlying index. The index focuses on equity securities of issuers in developed and emerging markets outside the United States, applying a systematic approach to select and weight its constituents. The fund provides exposure to international equities, excluding U.S. markets, and is categorized as a Foreign Large Value ETF. Additional information about the fund can be found at http://www.videntfinancial.com.

Based on the provided data, the fund currently has assets under management (AUM) of $336.80M, indicating a moderate scale of investor participation. Its technical indicators suggest a stable trading range, with a 20-day average volume of 18,870 shares, a last price of $25.72, and moving averages of $25.92 (SMA20), $25.42 (SMA50), and $25.04 (SMA200). The Average True Range (ATR) of 0.24 reflects low volatility in recent trading activity.

3-Month Forecast: The funds short-term outlook appears neutral to slightly bullish, as the SMA20 is above the SMA50, suggesting a potential upward trend. However, the SMA200 remains below the SMA50, indicating longer-term bearish pressure. With an ATR of 0.24, volatility is expected to remain low. The funds AUM of $336.80M suggests moderate investor confidence. Over the next three months, VIDI may experience sideways to slightly upward movement, with potential resistance near $26.00 and support around $24.80. Investors should monitor the funds price action relative to its moving averages for signals of trend continuation or reversal.