(ILOW) AB Active s - Ratings and Ratios

AB Active ETFs, Inc. (NYSE ARCA:ILOW) is an exchange-traded fund that focuses on investing in non-U.S. companies with strong profitability, stable prices, and attractive valuations. The funds investment strategy involves allocating at least 80% of its net assets to equity securities of companies in at least three countries outside the United States.

The funds adviser employs a rigorous selection process to identify companies that demonstrate favorable long-term sustainable profitability, price stability, and attractive valuations. This approach enables the fund to capitalize on growth opportunities in the global market while minimizing potential risks.

From a technical analysis perspective, ILOW has shown a bullish trend, with its last price at $41.02, above its 20-day simple moving average (SMA) of $40.83. The 50-day SMA and 200-day SMA stand at $39.13 and $36.57, respectively, indicating a potential upward momentum. The average true range (ATR) is $0.37, representing a 0.91% daily price movement. Given the current technical setup, I forecast that ILOW may continue its upward trajectory, potentially reaching the upper end of its 52-week range, around $41.41.

Fundamentally, ILOW has a substantial assets under management (AUM) of $1.193 billion USD, indicating a reasonable level of investor confidence. Combining this with the technical analysis, I predict that ILOW may maintain its growth momentum, driven by the advisers disciplined investment approach and the funds diversified portfolio of non-U.S. companies with strong profitability and attractive valuations.

Based on the convergence of technical and fundamental factors, my forecast suggests that ILOW may experience a moderate increase in value over the short term, potentially reaching $42.50 within the next few weeks, representing a 3.6% gain from its current price.