(FTGC) First Trust Global Tactical - Ratings and Ratios

The First Trust Global Tactical Commodity Strategy Fund (NASDAQ: FTGC) is an actively managed exchange-traded fund (ETF) designed to deliver attractive risk-adjusted returns through strategic investments in commodity futures contracts, exchange-traded commodity-linked instruments, and commodity-linked total return swaps. These investments are facilitated through a wholly-owned subsidiary established under the laws of the Cayman Islands, which enables the fund to efficiently access global commodity markets. The funds advisor focuses on optimizing exposure to commodities through this subsidiary, ensuring compliance with regulatory frameworks while pursuing its investment objectives. For more information, visit http://www.ftportfolios.com/.

FTGC is categorized as a broad basket commodities ETF, offering diversified exposure to a range of commodity sectors. With a significant assets under management (AUM) of $2.387 billion, the fund attracts substantial investor interest. It trades on the NASDAQ exchange under the ticker symbol FTGC, with an average daily trading volume of 572,700 shares over the past 20 days. The funds current price of $24.53 reflects its recent market activity, with key technical indicators such as the 20-day SMA at $24.38, 50-day SMA at $24.83, and 200-day SMA at $23.73 providing insights into its price momentum and stability.

3-Month Forecast: - Technical Outlook: - The funds price ($24.53) is currently above its 200-day SMA ($23.73), indicating long-term bullish momentum. - The 50-day SMA ($24.83) is slightly above the current price, suggesting potential short-term resistance. - Average True Range (ATR) of 0.35 indicates moderate volatility, with price fluctuations expected to remain constrained within a narrow range. - Fundamental Outlook: - The funds large AUM ($2.387 billion) signals strong investor confidence and liquidity. - Commodity markets are expected to remain influenced by macroeconomic trends, including inflationary pressures and geopolitical developments. - The funds diversified exposure to commodities may provide resilience against sector-specific volatility. Projection: Over the next three months, FTGC is expected to trade within a range of $24.00 to $25.50, with potential upside driven by strengthening commodity prices and continued investor demand. The funds ability to navigate market conditions through its active management strategy will remain a key factor in its performance.