(YMAG) YieldMax Magnificent 7 - Ratings and Ratios

The YieldMax™ Magnificent 7 Fund of Option Income ETFs (NYSE ARCA: YMAG) is a fund of funds that primarily invests in shares of other ETFs rather than directly in individual company securities. Under normal market conditions, the fund is nearly fully invested across seven Underlying YieldMax ETFs. However, for tax optimization, it may directly hold the same instruments as a particular Underlying YieldMax ETF instead of investing in the ETF itself. The fund operates as a non-diversified investment vehicle, allowing it to concentrate its holdings in a smaller number of securities.

From a technical perspective, YMAG is currently trading at $16.78, slightly below its 20-day SMA of $17.58 and 50-day SMA of $17.88, while remaining above its 200-day SMA of $16.44. This indicates short-term weakness but longer-term stability. The Average True Range (ATR) of 0.37 reflects low volatility, suggesting a relatively stable trading environment. The funds average 20-day volume of 776,097 shares underscores moderate liquidity.

Based on the provided data, here is a 3-month forecast:

Over the next three months, YMAG is expected to experience sideways to slightly bearish price action, with resistance near its 50-day SMA ($17.88) and support at its 200-day SMA ($16.44). The low ATR of 0.37 suggests that price fluctuations will remain muted, with minimal downside risk. The funds assets under management (AUM) of $352.88 million indicate a stable investor base, which may support its price during periods of market uncertainty.