MEDX:NASDAQHorizon Kinetics Medical ETF analysis
Data as of Sep 7, 2026 - not real-time
- Latest price
- $36.69
- Risk: medium
- 4/10Medium risk
Summary
Horizon Kinetics Medical ETF trades at $36.69, with its short-term moving averages stacked above the longer-term ones — a bullish trend structure. It has gained 3.4% over the past 30 days. With RSI at 52.1 the momentum picture is neutral, alongside a bearish MACD signal. Price has been bracketed by support at $35.51 and resistance at $37.90.
The 0.85% expense ratio is middling for its category, and the fund manages $17.1M in assets.
Risk scores 4 out of 10, which is moderate for this asset class. With 30-day volatility of 19.7%, a beta of 0.37 and a maximum drawdown of 10.5%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
The 0.85% expense ratio is middling for its category, and the fund manages $17.1M in assets.
Risk scores 4 out of 10, which is moderate for this asset class. With 30-day volatility of 19.7%, a beta of 0.37 and a maximum drawdown of 10.5%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
The horizons diverge: buy near-term but hold on a long view, at 3/10 conviction over the longer horizon.
Market outlook
Short term
< 1 yearPositive
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 34.20
- MACD momentum is negative
Medium term
1–3 yearsPositive
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 34.20
- MACD momentum is negative
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Thin trading liquidity raises execution risk
- Short-term moving averages stacked above long-term ones
- 30-day volatility of 19.7%
Key metrics
Fund metrics
Expense Ratio0.85%
AUM$17.1M
Inception Date1999-09-30
Avg Daily Volume2,070
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield1.12%
Technical analysis
TrendBullish
RSI52.1
Support$35.51
Resistance$37.90
MA 20$36.71
MA 50$36.16
MA 200$34.20
MACDBearish
VolumeIncreasing
Fear & Greed Index94.39
Risk assessment
Beta0.37
Volatility19.69%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.