(R1GR) iShares Russell 1000 Growth - Ratings and Ratios

The iShares Russell 1000 Growth UCITS ETF USD Acc (R1GR) is a Netherlands-based exchange-traded fund that tracks the Morningstar US Large-Cap Broad Growth Index. As a US Large-Cap Growth Equity ETF, it provides investors with exposure to a diversified portfolio of large-cap growth stocks in the US market.

Analyzing the funds characteristics, we can infer that it is designed to capture the performance of growth-oriented companies in the US, likely with a focus on sectors such as technology, healthcare, and consumer discretionary. The funds underlying index, Morningstar US LM Brd Growth NR USD, is a widely recognized benchmark for US large-cap growth stocks.

Using the provided technical data, we can observe that the funds price has been trending upwards, with a current price of 36.84. The short-term moving averages (SMA20: 35.50, SMA50: 34.08) indicate a bullish signal, as the short-term average is above the longer-term average. However, the SMA200 (35.64) suggests that the funds price is still slightly above its long-term average. The Average True Range (ATR) of 0.81 (2.19%) indicates moderate volatility.

Combining the technical data with fundamental data, we can forecast the funds potential performance. With an AUM of 225.11M USD, the fund has a reasonable size, which can contribute to liquidity and stability. Considering the current price is near the upper end of its 52-week range (29.88 - 38.86), we can anticipate potential consolidation or a slight correction. However, given the bullish trend indicated by the short-term moving averages, we forecast a potential price target of 39.50 in the next 6-12 months, assuming the US large-cap growth sector continues to perform well.

To validate this forecast, we would need to continuously monitor the funds technical and fundamental data, including changes in the underlying index, sector allocation, and overall market conditions. Nonetheless, based on the available data, the iShares Russell 1000 Growth UCITS ETF USD Acc appears to be a viable option for investors seeking exposure to US large-cap growth stocks.