(GUNR) FlexShares Morningstar - Ratings and Ratios

The FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is designed to track the performance of a curated selection of equity securities from companies operating in the global upstream natural resources sector, encompassing both developed and emerging markets as per the index providers methodology.

The funds investment strategy involves allocating at least 80% of its total assets to the securities comprising the index, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on these securities, ensuring a diversified exposure to the global natural resources landscape. For more information, you can visit the funds official website at http://www.flexshares.com.

As an ETF categorized under Natural Resources with a USA origin, GUNR offers investors a targeted approach to investing in this sector. With a substantial Assets Under Management (AUM) of approximately $4.68 billion USD, the fund demonstrates a considerable presence in the market.

Analyzing the technical data, we observe that GUNR is currently priced at $39.61, with its short-term (SMA20), mid-term (SMA50), and long-term (SMA200) moving averages at $39.14, $38.10, and $38.45, respectively. The Average True Range (ATR) stands at $0.39, indicating a daily price volatility of about 0.98%. The funds price has fluctuated between a 52-week high of $41.25 and a low of $33.77. Considering these technical indicators, we can infer that GUNR is in an upward trend, with its current price above both its SMA50 and SMA200, suggesting a potential for continued growth.

By combining the insights from both the technical and fundamental data, we can forecast that GUNR is likely to maintain its upward trajectory, driven by its strong presence in the natural resources sector and favorable technical indicators. However, the volatility indicated by the ATR suggests that investors should be prepared for potential fluctuations. As the global demand for natural resources continues to evolve, GUNRs diversified portfolio positions it for potential long-term growth, making it a noteworthy consideration for investors focused on this sector.