(SEIS) SEI Select Small Cap - Ratings and Ratios

The SEI Select Small Cap ETF (NASDAQ:SEIS) is an exchange-traded fund that focuses on investing at least 80% of its net assets in equity securities of small companies, defined as those with market capitalizations within the range of the Russell 2000 Index. This investment strategy is geared towards capturing the growth potential of smaller-cap companies.

As a Small Blend ETF, SEIS aims to provide a diversified portfolio by pooling investments in various small-cap stocks, thereby spreading risk and potentially increasing the stability of returns. The funds underlying assets are primarily equity securities, indicating a straightforward investment approach with a focus on the stock markets small-cap segment.

Analyzing the funds recent performance and technical indicators, we observe that the last price is $24.57, with short-term moving averages (SMA20 and SMA50) at $23.06 and $23.24, respectively, indicating a recent uptrend as the last price is above these averages. However, the long-term SMA200 stands at $25.28, suggesting that the fund is currently trading below its longer-term average, potentially indicating a consolidation phase or a correction. The Average True Range (ATR) of 0.71, or 2.91%, signifies the average volatility, giving investors an idea of the funds recent price movements.

Given the current technical and fundamental data, a forecast for SEIS could involve a potential rebound if it breaks above the SMA200 at $25.28, potentially targeting the 52-week high of $28.08. Conversely, failure to break through this resistance could lead to a test of support levels around the SMA20 and SMA50, currently around $23.10. With an AUM of $231.76M USD, the fund has a reasonable size, suggesting it is sufficiently liquid for most investors. The investment strategy and the current market conditions will be crucial in determining whether SEIS can achieve further growth or if it will face challenges in the coming period.

Investors should closely monitor the funds ability to break through key resistance levels and its reaction to broader market trends, as these will be critical factors in determining its future performance. The small-cap focus of SEIS means it is sensitive to economic conditions affecting smaller companies, and thus, economic indicators and sector trends will be important to watch.