(GFLW) VictoryShares Free Cash - Ratings and Ratios

The VictoryShares Free Cash Flow Growth ETF (GFLW) is designed to track an index constructed by VettaFi LLC, focusing on large and mid-cap US equities that exhibit strong free cash flow growth characteristics. The funds investment strategy is centered around a rules-based methodology that filters the VettaFi US Equity Large/Mid-Cap 1000 Index for companies with positive free cash flow, subsequently selecting the top 100 growth companies based on a scoring system.

By investing at least 80% of its assets in securities included in the index, GFLW provides investors with exposure to a diversified portfolio of growth-oriented companies. The underlying index is constructed with a bias towards companies demonstrating robust free cash flow, a key indicator of a companys financial health and ability to generate returns for shareholders.

Given the current technical landscape, with the ETFs price at $23.71, SMA20 at $22.42, and SMA50 at $22.18, it indicates a positive short-term trend. The SMA200 at $23.53 suggests that the long-term trend is slightly bearish, but the ETF is currently trading above it, hinting at a potential reversal. The ATR of 0.68 (2.87%) signifies moderate volatility. Considering the 52-week high and low of $25.82 and $19.59, respectively, the current price suggests a moderate recovery from the lows and a potential for further growth if it can breach the 52-week high.

With an AUM of $374.24M, GFLW has a considerable presence in the market, suggesting a certain level of investor confidence. Combining the technical indicators with the fundamental data, a forecast for GFLW could involve a potential short-term bullish trend, driven by its current position relative to its moving averages and moderate volatility. If the ETF can maintain its position above the SMA200 and continue to trend upwards, it may target the 52-week high of $25.82. However, failure to sustain this momentum could result in a pullback towards the SMA50 or SMA20. Investors should closely monitor the ETFs ability to break through resistance levels and maintain its growth trajectory.