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OVMETF / FundOverlay Shares Municipal Bond ETF

$20.64 last close 2026-10-13
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Verdicts genuinely change. Free email alert the moment OVM's does — no target price to set, unlike "Alert" above.

Sharia status
NOT YET SCREENED
Not screened yet — no methodology has been established for this symbol
Fund look-through

Overlay Shares Municipal Bond ETF ETF · Listed Funds Trust

11 holdings · as of 2026-05-31 (4.4 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.

This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 127% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

UNVERIFIED None of this fund's 11 holdings matched a company in our screened universe. It does file equity positions — the shortfall is in our matching, not in the fund, and it can close on a later screen. Usually this is foreign listings or naming we have not yet resolved.

Largest holdings: iShares National Muni Bond ETF, Mount Vernon Liquid Assets Portfolio, LLC, N/A, N/A, N/A.

11 holdings, 0 matched (0% of weight). Portfolio as of 2026-05-31, filed 2026-07-30. Source: SEC Form N-PORT.

Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.

All holdings (11)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
iShares National Muni Bond ETF UNSCREENED 99.69% no in-house ratios for this holding
Mount Vernon Liquid Assets Portfolio, LLC UNSCREENED 26.41% no in-house ratios for this holding
N/A UNSCREENED 0.20% no in-house ratios for this holding
N/A UNSCREENED 0.17% no in-house ratios for this holding
N/A UNSCREENED 0.16% no in-house ratios for this holding
N/A UNSCREENED 0.16% no in-house ratios for this holding
N/A UNSCREENED 0.12% no in-house ratios for this holding
N/A UNSCREENED 0.10% no in-house ratios for this holding
N/A UNSCREENED 0.08% no in-house ratios for this holding
N/A UNSCREENED 0.08% no in-house ratios for this holding
First American Government Obli UNSCREENED 0.05% no in-house ratios for this holding

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 3 timeframes bullish · 15.4% aligned
VWAPPrice holding above VWAP ($20.49)
VolumeRelative volume 1.8× the 20-day average
Momentum10-day rate of change +2.3%
Market & analysts
Momentum (10d)
+2.3%
rate of change
SMC grade
F · 34
15.4% aligned
F · 34
SMC grade — 15.4% timeframe alignment
+2.3%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for OVM — this runs off the critical path so the page paints first. It will appear here on its own.

21.5621.2120.8720.5220.182025-10-142026-04-152026-10-13

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
20.40
S2
20.42
S1
20.47
PIVOT
20.49
R1
20.54
R2
20.56
R3
20.61

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
20.16 – 20.90
±1.82% from 20.53, made 2026-09-27 · resolves 2026-10-04
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

BUY
19 indicators
OscillatorsSTRONG BUY
3 buy · 4 neutral · 0 sell
Moving averagesSELL
5 buy · 0 neutral · 7 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)51.00NEUTRAL
Stochastic %K (14)44.06NEUTRAL
CCI (20)34.98NEUTRAL
Williams %R (14)-55.94NEUTRAL
MACD (12,26,9)0.04BUY
ROC (10)2.29BUY
Momentum (10)0.46BUY
EMA (10)20.50BUY
SMA (10)20.48BUY
EMA (20)20.56BUY
SMA (20)20.52BUY
EMA (30)20.64SELL
SMA (30)20.63BUY
EMA (50)20.78SELL
SMA (50)20.87SELL
EMA (100)20.93SELL
SMA (100)21.10SELL
EMA (200)20.92SELL
SMA (200)21.07SELL

About Overlay Shares Municipal Bond ETF

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of investment grade municipal bonds and below investment grade municipal bonds or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

No real edge — avoid

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily RANGING 42
⏱ 15-Min BEARISH 55
⏲ 5-Min RANGING 166

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

+2.3%
Rate of change (10d)
1.8×
Volume vs its 20-day average
-0.15
MACD (no fresh cross)
$20.56
Volume POC (today)
$20.55 – $20.58
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-06 · Asset managers net 906615 (+2612)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.