(XB) BondBloxx Trust - Ratings and Ratios

The BondBloxx ETF Trust (NYSE ARCA:XB) is an exchange-traded fund (ETF) that primarily invests in high-yield, below-investment grade corporate bonds, commonly known as junk bonds. These bonds are denominated in U.S. dollars and issued by corporate entities. The fund is required to allocate at least 80% of its net assets (plus borrowings for investment purposes) to such securities, which may include direct investments or indirect exposure through derivatives. As a non-diversified fund, it can concentrate its investments in a smaller number of securities compared to diversified funds, potentially leading to higher risk and return.

Ticker Symbol: XB | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: High Yield Bond

Average Volume 20d: 2,430 shares | Last Price: $39.50 | SMA 20: $39.53 | SMA 50: $39.28 | SMA 200: $38.41 | ATR: 0.24

Assets Under Management (AUM): $29.85 million

3-Month Forecast: Based on the technical and fundamental data, the BondBloxx ETF Trust (XB) is expected to maintain a stable price range. The 200-day Simple Moving Average (SMA) of $38.41 indicates a gradual downtrend over the past year, while the 20-day SMA of $39.53 suggests short-term stability. The Average True Range (ATR) of 0.24 points to low volatility, implying minimal price fluctuations. Given the current price of $39.50, the fund is likely to trade within a narrow range of $39.26 to $39.74 over the next three months, influenced by the SMA 20 resistance level and the overall stability indicated by the ATR.