(RINC) Investment Managers Series - Ratings and Ratios

The Investment Managers Series Trust II (RINC) is an exchange-traded fund (ETF) that focuses on income-generating real estate securities, with a minimum of 80% of its net assets allocated to this asset class. The funds investment portfolio primarily consists of common and preferred securities of US-listed real estate investment trusts (REITs), with a specific emphasis on those that specialize in commercial and residential mortgages, known as mortgage REITs (mREITs). Additionally, RINC invests in publicly traded closed-end funds that concentrate on mortgage-backed securities (mCEFs).

From a sectoral perspective, RINC is positioned within the Real Estate ETF category, providing investors with exposure to a specific segment of the real estate market. The funds non-diversified nature implies that it may be more susceptible to market fluctuations and security-specific risks. The funds assets under management (AUM) stand at $34.70 million, indicating a relatively modest size.

Analyzing the technical data, RINCs current price is $20.88, with short-term and medium-term moving averages (SMA20 and SMA50) at $20.57 and $20.82, respectively, suggesting a relatively stable price action in the short term. However, the long-term SMA200 at $21.78 indicates a potential resistance level. The average true range (ATR) of 0.45, equivalent to 2.15%, implies a moderate level of price volatility. Considering the 52-week high and low prices of $23.63 and $18.50, respectively, RINC has experienced a significant price range over the past year.

Combining the technical and fundamental data, a forecast for RINC can be derived. Given the current prices proximity to the SMA20 and SMA50, and the relatively modest AUM, a potential trading range between $20.50 and $21.50 can be anticipated in the short term. However, if the overall real estate market and mREITs experience a significant upswing, RINC may face resistance at the SMA200 level ($21.78). Conversely, a downturn in the market may lead to a retest of the 52-week low. A break above the SMA200 or a decline below the 52-week low could signal a more significant trend reversal.