MVAL Stock Summary and Trading Ideas (SHL Telemedicine Vaneck Morningstar Wide Moat Value ETF | BATS:MVAL)

VanEck Morningstar Wide Moat Value ETF (MVAL) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Morningstar US Broad Value Wide Moat Focus Index (MSUBVFGU), which is intended to track the overall performance of attractively priced value-oriented companies with sustainable competitive advantages according to Morningstar's equity research team. The Morningstar US Broad Value Wide Moat Focus Index is designed to provide exposure to value-oriented companies in the Morningstar US Market Index with a Morningstar Economic Moat Rating of wide trading at the lowest current market price/fair value ratios. Moat ratings and fair value estimates are determined through independent research conducted by the Morningstar Equity Research team. Aligned with the Morningstar Style Box, the index is underpinned by a 10-factor model that paints a holistic picture of style.

SHL Telemedicine Vaneck Morningstar Wide Moat Value ETF trades on the BATS stock market under the symbol MVAL.

As of May 8, 2024, MVAL stock price was flat at $29.95 with million shares trading.

MVAL has a market cap of $748,700.00. This is considered a Sub-Micro Cap stock.

MVAL support price is $29.73 and resistance is $30.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MVAL stock will trade within this expected range on the day.