(EMAX) Hamilton Energy YIELD - Ratings and Ratios

Hamilton Energy YIELD MAXIMIZER ETF (TO:EMAX) is a Canadian exchange-traded fund (ETF) managed by Hamilton Capital, a firm known for its expertise in investment management. The ETF is designed to provide exposure to global oil and gas exploration and production (E&P) companies, tracking the Morningstar Global Oil & Gas E&P GR CAD Index. EMAX is listed on the Toronto Stock Exchange (TSX) under the ticker symbol EMAX and falls under the energy equity category. As of the latest data, the fund has assets under management (AUM) of 190.43 million CAD, indicating moderate scale and investor interest in the energy sector.

From a technical perspective, EMAX is currently trading at 14.54 CAD, slightly below its 20-day moving average of 14.99 and 50-day moving average of 14.94. The 200-day moving average stands at 15.13, suggesting the ETF is trading near its long-term trend line. The average true range (ATR) of 0.26 reflects relatively low volatility, indicating stable price movements. The average 20-day trading volume is 47,460 shares, which is modest but sufficient for liquidity.

3-Month Forecast: Based on , EMAX is expected to remain range-bound between 14.30 and 15.30 CAD, with potential upside driven by strengthening oil prices. The ETFs proximity to its 200-day moving average suggests a neutral to bullish outlook. supports moderate growth if energy demand remains robust, particularly in the context of geopolitical tensions and supply constraints in global energy markets.