(WEEI) Westwood Salient Enhanced - Ratings and Ratios

The Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) is an actively managed exchange-traded fund that focuses on investing at least 80% of its net assets in energy company securities under normal market conditions. As a non-diversified fund, it concentrates its investments, which can lead to higher volatility and potential for greater returns.

Given its investment strategy, WEEI is likely to be heavily influenced by the overall performance of the energy sector, which is affected by factors such as crude oil prices, geopolitical events, and global demand for energy. The funds active management approach allows it to adapt to changing market conditions, potentially mitigating risks or capitalizing on emerging opportunities.

Analyzing the available technical data, we observe that WEEIs last price is 20.06, which is below its SMA20, SMA50, and SMA200, indicating a bearish trend. The Average True Range (ATR) of 0.41 represents a 2.07% daily price movement, suggesting moderate volatility. The 52-week high and low of 22.89 and 18.59, respectively, provide a range for the funds recent performance.

Considering the fundamental data, WEEIs Assets Under Management (AUM) stand at 16.06M USD, which is relatively small compared to larger ETFs. This could impact liquidity and potentially lead to higher trading costs.

Forecasting WEEIs performance using both technical and fundamental data, we can expect the fund to continue to be influenced by the energy sectors overall trend. If the energy sector experiences a downturn due to decreased demand or increased supply, WEEIs price may continue to decline. Conversely, if the sector rallies due to geopolitical tensions or supply chain disruptions, WEEIs price may increase. Based on the current SMA trends and moderate volatility, a potential price target for WEEI could be around 21.50 in the next few months if the energy sector stabilizes and the funds active management successfully navigates the market conditions.