(SRIL) iShares MSCI USA SRI - Ratings and Ratios

The iShares MSCI USA SRI UCITS ETF (SRIL) is designed to deliver a total return that mirrors the performance of the MSCI USA SRI Select Reduced Fossil Fuel Index, focusing on capital and income returns. This ETF is tailored for investors seeking exposure to US large-cap companies that meet specific socially responsible investing (SRI) criteria while minimizing fossil fuel involvement.

SRIL is listed and traded on various exchanges, originating from the Netherlands, and falls under the US Large-Cap Blend Equity category. Its investment strategy involves tracking an index that selects constituents based on their ESG (Environmental, Social, and Governance) ratings, thereby catering to the growing demand for sustainable and responsible investment options.

Analyzing the ETFs recent price action, we observe a current price of $10.44. The short-term trend, as indicated by the 20-day Simple Moving Average (SMA) at $9.95, suggests a bullish inclination since the current price is above this average. The 50-day SMA at $10.14 further supports this bullish sentiment. However, the 200-day SMA at $10.60 indicates a potential resistance level, suggesting that the ETF might face challenges in sustaining an upward momentum beyond this point.

Considering the Average True Range (ATR) of 0.22, equivalent to 2.10% of the current price, the ETF exhibits moderate volatility. The 52-week high and low prices are $11.38 and $9.15, respectively, indicating a significant range within which the ETF has been trading. This volatility, combined with the current prices position relative to its moving averages, suggests a cautiously optimistic outlook for the short to medium term.

With Assets Under Management (AUM) standing at $382.74 million, SRIL demonstrates a reasonable scale, potentially offering liquidity and diversification benefits to investors. Given the ETFs focus on SRI and reduced fossil fuel exposure, its attractiveness is likely to be enhanced by the growing trend towards sustainable investing.

Forecasting the ETFs performance, we can anticipate a potential upward trajectory if the broader US large-cap market continues to perform well and if SRI-focused investments remain in vogue. The MSCI USA SRI Select Reduced Fossil Fuel Indexs composition and the ETFs tracking performance will be crucial. If the current price continues to stay above the 20-day and 50-day SMAs, and if it can break through the 200-day SMA resistance at $10.60, we might see further gains, potentially targeting the 52-week high of $11.38. Conversely, failure to sustain above these averages or a downturn in the market could lead to a correction.