(TPZ) Tortoise Capital Series - Ratings and Ratios

Tortoise Capital Series Trust (NYSE:TPZ) is an equity energy-focused exchange-traded fund (ETF) originating from the USA, providing investors with a diversified portfolio in the energy sector.

The funds recent price movements indicate a relatively stable trend, with its last price recorded at $20.07. Analyzing its moving averages, TPZ has demonstrated a positive short-term trend, with its 20-day Simple Moving Average (SMA) at $19.54 and 50-day SMA at $19.71, both below the current price, suggesting an upward momentum. However, its 200-day SMA stands at $20.17, slightly above the current price, indicating a potential resistance level.

From a risk perspective, the Average True Range (ATR) of 0.50, representing a 2.48% daily volatility, signifies a moderate level of price fluctuation. The funds 52-week price range, with a high of $21.88 and a low of $17.99, highlights its resilience and potential for recovery.

With Assets Under Management (AUM) totaling $91.62 million, Tortoise Capital Series Trust maintains a respectable size, potentially offering liquidity and diversification benefits to investors. As an equity energy ETF, TPZ likely provides exposure to a range of energy-related stocks, potentially including dividend-paying companies, which can be attractive in a low-interest-rate environment.

Forecasting TPZs future performance involves analyzing both technical and fundamental data. Given its current technical indicators and fundamental data, a potential forecast could be that TPZ may experience a slight correction in the short term due to its proximity to the 200-day SMA resistance level. However, if the energy sector continues to attract investment and the overall market remains bullish, TPZ could potentially break through the resistance and aim for new highs, potentially reaching $21.50 within the next few months, representing a 7% increase from its current price.