(DFRA) TrimTabs Trust - Donoghue - Ratings and Ratios

The Donoghue Forlines Yield Enhanced Real Asset ETF (BATS:DFRA) is an exchange-traded fund that employs a rules-based strategy to provide investors with exposure to real assets equities. The fund is managed by FCF Advisors LLC, and its underlying index is sponsored and maintained by FCF Indexes LLC, an affiliate of the investment adviser.

The funds investment objective is achieved by investing at least 80% of its net assets in component securities of the underlying index under normal market circumstances. The underlying index is designed based on proprietary research conducted by the adviser, aiming to track the investment results of the selected real assets equities.

From a technical standpoint, the ETFs price action indicates a potential bullish trend. With the short-term Simple Moving Averages (SMA20 and SMA50) below the current price, and the long-term SMA200 being closely approached, the ETF is showing signs of stability and potential for growth. The Average True Range (ATR) of 0.54, representing a 1.89% daily volatility, suggests that the ETF is experiencing moderate price fluctuations.

Considering the current price of $28.67 and the 52-week high and low of $30.42 and $24.56, respectively, the ETF appears to be trading near its long-term SMA200. With the Assets Under Management (AUM) standing at $52.20M USD, the fund has a relatively modest size, which could impact its liquidity and trading dynamics.

Forecasting the ETFs future performance, we can expect a potential breakout or consolidation around the current price level. If the SMA20 and SMA50 continue to rise and converge with the current price, it could signal a bullish trend continuation. Conversely, a decline below the SMA50 could indicate a reversal. Given the current technical and fundamental data, a reasonable forecast would be a gradual increase in the ETFs price, potentially reaching $30.00 in the short term, driven by the stability of the real assets equities and the overall market conditions.