Why BATT Could Be A Great ETF To Buy & HoldHere I have AMEX:BATT Amplify Lithium & Battery Technology ETF on a Multi-Timeframe Analysis with a Monthly & Weekly Chart!
Technicals:
Starting with the Monthly Chart, taking the Fibonacci Retracement Tool from the All Time Low @ $5.91 to the All Time High @ $20.78, we see that the Selling Press
Key stats
About Amplify Lithium & Battery Technology ETF
Home page
Inception date
Jun 6, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
BATT invests in advanced battery materials and technology companies globally. A committee selects the components of the fund from a pool of eligible companies. To qualify for inclusion in the selection pool, companies must generate at least 50% of their revenue from the mining, exploration, production, development, processing, or recycling of lithium, cobalt, nickel, manganese, or graphite. Also, companies that hold 10% or more of the global market share for advanced battery materials and report their primary source of revenue as such are also eligible. Alternatively, companies that derive 90% of their revenue from the development and production of electric vehicles can also be included. Index components are weighted by their market-cap, up to a maximum initial weight of 7%. Industry weight to automobiles and components cannot exceed 20% of the total index weight. Prior to October 12,2020, the fund was actively managed and was named Amplify Advanced Battery Metals and Materials ETF.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Producer Manufacturing
Consumer Durables
Process Industries
Stock breakdown by region
Top 10 holdings
BATT an ETF for Lithium / Battery Technology LONGBATT here is on a daily chart with a demand /support zone and resistance. supply zone both
drawn in along with a long-term volume profile showing the POC line at the top of the latter
zone. A triple Bollinger Band is overlaid showing price currently two standard deviations
below the mean VWAP w
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BATT trades at 8.93 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on BATT price chart.
BATT net asset value is 8.92 today — it's risen 6.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BATT assets under management is 56.24 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BATT price has risen by 6.73% over the last month, and its yearly performance shows a −4.04% decrease. See more dynamics on BATT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 2.65% increase in three-month performance and has decreased by −1.63% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 2.65% increase in three-month performance and has decreased by −1.63% in a year.
BATT fund flows account for −23.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BATT invests in stocks. See more details in our Analysis section.
BATT expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BATT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BATT technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BATT shows the sell signal. See more of BATT technicals for a more comprehensive analysis.
Today, BATT technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BATT shows the sell signal. See more of BATT technicals for a more comprehensive analysis.
Yes, BATT pays dividends to its holders with the dividend yield of 3.14%.
BATT trades at a premium (0.45%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BATT shares are issued by Amplify Holding Co. LLC
BATT follows the EQM Lithium and Battery Technology Index - Discontinued as of 02 -MAY - 2024. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 6, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.