(IMOM) Alpha Architect - Ratings and Ratios

The Alpha Architect International Quantitative Momentum ETF (NASDAQ:IMOM) is an exchange-traded fund that utilizes a systematic, rules-based approach to identify and invest in a diversified portfolio of 50 to 200 non-U.S. equity securities exhibiting high relative momentum. By focusing on securities with higher recent total return performance, the fund capitalizes on the momentum investing strategy, which is grounded in the idea that assets that have performed well in the recent past are likely to continue their upward trend.

The Sub-Advisers methodology involves a multi-step process that not only identifies high-momentum securities but also incorporates proprietary screens to eliminate companies with potential issues that could negatively impact their momentum. This rigorous screening process is designed to refine the portfolio and ensure that it remains optimized for performance. By excluding companies with potential red flags, the fund aims to mitigate potential downsides and maximize returns.

As an ETF in the Foreign Large Blend category, IMOM offers investors exposure to a broad range of international equities, providing a diversification benefit when added to a domestic portfolio. The funds assets under management (AUM) stand at $90.87M USD, indicating a moderate level of investor interest. With its base in the USA and listing on NASDAQ, IMOM is accessible to a wide range of investors.

From a technical analysis perspective, IMOMs recent price action suggests a bullish trend, with the last price of $30.19 exceeding both the 20-day SMA ($29.83) and the 50-day SMA ($28.89). The 200-day SMA ($27.58) is also trending upwards, indicating a longer-term uptrend. The Average True Range (ATR) of 0.60, or 1.98%, suggests moderate volatility. Given the current technical setup, with the 52-week high at $30.64 and the 52-week low at $23.83, it is likely that the ETF will continue to move within this range in the short term. A potential forecast could see IMOM testing the 52-week high in the near future, potentially breaking through to new highs if the momentum continues.

Combining the technical analysis with fundamental data, the outlook for IMOM appears positive. The funds AUM and the overall trend in international equities suggest that there is potential for continued growth. However, investors should be cautious of potential market volatility and global economic trends that could impact the funds performance. As such, a prudent forecast would be for IMOM to potentially reach $31.50 within the next few months, assuming the current momentum and trends persist, but with a stop-loss around $28.50 to mitigate potential downside risk.