(GSSC) Goldman Sachs ActiveBeta - Ratings and Ratios

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF is designed to provide investors with exposure to the small-cap U.S. equity market, focusing on a specific segment of the market that is often characterized by higher growth potential and increased volatility.

The fund achieves its investment objective by investing a significant majority of its assets in securities that are part of its underlying index, as well as in depositary receipts and underlying stocks that represent securities within the index, thereby closely tracking the performance of small-cap U.S. issuers.

From a technical standpoint, the ETF has shown signs of recent upward momentum, with its last price standing at $63.99, above both its 20-day and 50-day simple moving averages (SMA20 and SMA50) of $61.10 and $62.35, respectively. However, it remains below its 200-day simple moving average (SMA200) of $67.55, indicating a longer-term downtrend. The Average True Range (ATR) of 1.90, or 2.97% of its last price, suggests a moderate level of volatility. Given these indicators, a potential trading strategy could involve waiting for the ETF to break above its SMA200, which could signal a reversal of the longer-term downtrend.

Fundamentally, the ETF has a respectable Assets Under Management (AUM) of $503.13 million, indicating a reasonable level of investor interest and liquidity. The small-cap blend category it belongs to is known for its potential for growth, albeit with higher risks. The current price of $63.99 is roughly midway between its 52-week high of $75.54 and low of $55.86, suggesting that it has recovered from its lows but still remains below its peak.

Forecasting the ETFs future performance involves analyzing both its technical indicators and fundamental data. If the ETF can break through its SMA200 of $67.55, it may be poised for further gains, potentially targeting the 52-week high of $75.54. Conversely, failure to break through this resistance level could result in a return to the lower end of its 52-week range. Given the current AUM and the ETFs focus on small-cap U.S. equities, a sustained upward trend in the broader small-cap market could bode well for GSSC, potentially driving it towards new highs.