(TPHD) Timothy Plan High Dividend - Ratings and Ratios

The Timothy Plan High Dividend Stock ETF (NYSE ARCA:TPHD) is an actively managed exchange-traded fund that focuses on investing in high dividend-yielding stocks with a large-cap bias, while incorporating a volatility-weighted approach to manage risk. By tracking the Victory US Large Cap High Dividend Volatility Weighted BRI Index, the fund aims to provide investors with a stable income stream and potentially lower volatility.

The indexs methodology combines fundamental criteria with individual security risk control, achieved through volatility weighting of individual securities. This approach allows the fund to balance the pursuit of high dividend yields with a risk management framework, making it an attractive option for income-seeking investors who are also mindful of potential downside risks.

From a technical analysis perspective, TPHDs recent price action has been trending upwards, with the last price of $36.44 exceeding its 20-day simple moving average (SMA20) of $35.62 and hovering around its 50-day simple moving average (SMA50) of $36.20. The average true range (ATR) of 0.84, equivalent to 2.30%, suggests moderate volatility. Given the current technical setup, a potential near-term target could be the 52-week high of $39.09, while a break below the SMA20 could signal a pullback towards the 52-week low of $32.88.

Fundamentally, TPHDs assets under management (AUM) stand at $276.52 million, indicating a reasonable level of investor interest. As the fund is categorized under Mid-Cap Value, it is essential to monitor its exposure to the value segment and its dividend yield relative to its peers. Assuming the current dividend yield remains attractive and the underlying index continues to track its constituents effectively, TPHD could remain a viable option for investors seeking income.

Forecasting the future performance of TPHD involves analyzing both technical and fundamental data. If the current uptrend continues, and the fund maintains its dividend yield, it may attract more investors, potentially driving the price towards the 52-week high. Conversely, if the market experiences a downturn, TPHDs volatility-weighted approach may help mitigate potential losses. Based on the current technical and fundamental data, a potential 6-month price target for TPHD could be around $40.50, representing a 11.1% upside from the current price. However, this forecast is contingent upon the funds continued ability to track its underlying index and maintain its dividend yield, as well as overall market conditions.