(CRSH) Tidal Trust II - Ratings and Ratios

Tidal Trust II, traded as CRSH on NYSE ARCA, is an actively managed exchange-traded fund (ETF) designed to generate current income while offering inverse exposure to Tesla, Inc.s (TSLA) stock price movements. The funds performance is inversely tied to TSLAs share price returns, meaning it potentially gains when TSLAs stock price declines. However, its upside is capped, limiting the potential gains from a drop in TSLAs stock.

The ETF is categorized under Derivative Income, indicating its investment strategy involves derivatives to achieve its objectives. Being non-diversified, the fund focuses on a specific investment approach rather than spreading investments across various assets, which can increase its risk profile. Its Assets Under Management (AUM) stand at $33 million, suggesting a relatively small but still operational scale.

From a technical standpoint, CRSH has shown variability in its price movements. With a last price of $4.75, it is below its short-term (SMA20 at $5.45), medium-term (SMA50 at $5.93), and long-term (SMA200 at $6.15) moving averages, indicating a bearish trend. The Average True Range (ATR) of 0.38 translates to an 8.07% volatility, suggesting significant price swings. The fund has hit a 52-week high of $9.67 and a low of $3.98, showing its price range over the past year.

Forecasting CRSHs performance involves analyzing both its technical indicators and fundamental data. Given its inverse relationship with TSLA and the current bearish trend indicated by its price being below the SMA20, SMA50, and SMA200, a potential short-term bounce or a longer-term reversal would depend on TSLAs stock performance. If TSLAs stock continues to decline, CRSH might see gains, but its upside is limited. Conversely, a strong rebound in TSLA could negatively impact CRSH. With an AUM of $33 million and considering the ETFs focus on derivative income, investors should monitor TSLAs volatility and overall market conditions closely. A break above $5.45 (SMA20) could signal a short-term positive shift, while sustained trading below $4.00 could indicate further downside. Therefore, a cautious approach is warranted, closely watching TSLAs movements and the overall derivatives market for signals on CRSHs potential direction.