(ADME) Aptus Drawdown Managed - Ratings and Ratios

The Aptus Drawdown Managed Equity ETF (BATS:ADME) is an actively managed exchange-traded fund designed to balance equity participation with downside protection. It primarily invests in U.S.-listed equities, complemented by exchange-listed put options to mitigate potential losses. These options are strategically selected based on either individual securities or broad market indexes, aligning with the Aptus Behavioral Momentum Index. The fund adheres to an 80% net asset allocation in equities, ensuring a significant exposure to the market while maintaining a cautious approach through hedging.

Over the next three months, ADME is expected to experience sideways price action, influenced by its current technical indicators. The funds price is slightly below its SMA20 and SMA50, suggesting short-term weakness, but it remains above the SMA200, indicating long-term support. With an ATR of 0.53, moderate volatility is anticipated, potentially confining the price within a narrow range. The low average volume of 11,867 may result in limited price movement unless driven by external factors. This forecast suggests a stable, range-bound performance with support around the SMA200 level.