(MDPL) Northern Lights Fund Trust - Ratings and Ratios

The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund listed on the BATS exchange, catering to investors seeking mid-cap value opportunities in the US market.

Analyzing the funds characteristics, its clear that MDPL is designed to track a specific index, likely focused on dividend-paying stocks with a mid-cap bias, providing a unique blend of income generation and potential for capital appreciation.

From a technical standpoint, the recent price action indicates a slight uptrend, with the last price at $26.00, surpassing both its 20-day and 50-day simple moving averages (SMA) of $25.50. The 200-day SMA at $25.88 further supports the notion of a positive trend. The Average True Range (ATR) of 0.41, translating to a 1.57% daily volatility, suggests relatively contained price movements. Given these indicators, a potential short-term target could be the 52-week high of $27.44, assuming the uptrend continues.

Fundamentally, the Assets Under Management (AUM) of $53.97 million indicate a relatively modest but still viable size for the ETF, suggesting it has garnered enough investor interest to be considered a viable option for those looking for exposure to mid-cap value stocks with a dividend focus.

Combining technical and fundamental insights, a forecast for MDPL could involve a continued upward trajectory, potentially reaching or slightly exceeding its 52-week high, driven by its mid-cap value strategy and the overall market conditions. However, its crucial to monitor the ATR and overall market volatility to adjust expectations accordingly. If the current trend persists and the ETF maintains its AUM, it could attract more investors, potentially driving the price higher.