(HAIL) SPDR S&P Kensho Smart - Ratings and Ratios

The SPDR S&P Kensho Smart Mobility ETF (HAIL) is an investment vehicle that tracks the performance of the S&P Kensho Smart Mobility Index, focusing on companies involved in the Smart Transportation sector. This includes a diverse range of U.S.-listed equities and depositary receipts from developed and emerging markets globally.

By concentrating on the Smart Transportation sector, HAIL provides exposure to companies driving innovation in transportation, such as those involved in electric vehicles, autonomous driving, and other related technologies. The funds investment strategy is to allocate at least 80% of its total assets to the securities within the index, making it a targeted play on the future of mobility.

Analyzing the technical data, we see that HAIL has recently broken above its 20-day Simple Moving Average (SMA20) of $27.15, currently trading at $28.11. The 50-day SMA stands at $26.00, indicating a potential bullish trend as the short-term averages are above the longer-term ones. However, the 200-day SMA at $27.28 suggests that the stock has faced resistance around this level. With an Average True Range (ATR) of 0.58, representing a 2.05% daily volatility, investors should be prepared for potential fluctuations.

From a fundamental perspective, the Assets Under Management (AUM) for HAIL stand at $19.94M USD, indicating a relatively smaller ETF. This could imply lower liquidity and potentially higher volatility compared to larger ETFs, making it a consideration for investors.

Forecasting based on the provided technical and fundamental data, if HAIL continues to trade above its 20-day and 50-day SMAs, and manages to surpass the resistance level around the 200-day SMA ($27.28), it could signal further upside potential, potentially targeting the 52-week high of $31.35. Conversely, failure to sustain above these averages or a drop below $26.00 could indicate a reversal, with support potentially found around the 52-week low of $21.85. Investors should closely monitor the funds ability to maintain its current price levels and watch for broader market trends affecting the Smart Transportation sector.