(MADE) iShares Trust - Ratings and Ratios

iShares Trust (NYSE ARCA:MADE) is an exchange-traded fund that tracks a specific index designed to measure the performance of U.S.-domiciled companies involved in manufacturing and related industries, with a significant portion of their revenue generated in the United States. The funds investment strategy is to allocate at least 80% of its assets to the constituent securities of its underlying index, which is curated by SPDJI based on specific eligibility criteria.

The MADE ETF is categorized under Industrials and is listed on the NYSE ARCA exchange. As a non-diversified fund, it may have a higher concentration of assets in a smaller number of securities, potentially increasing its volatility. The Industrials sector is often closely tied to the overall state of the economy, making this ETF a potential play on U.S. manufacturing and economic activity.

Analyzing the available technical data, we observe that the ETFs price is currently above its 20-day and 50-day simple moving averages (SMA20 and SMA50), indicating a positive short-term trend. The Average True Range (ATR) is 0.45, or 1.80% of the last price, suggesting moderate daily price volatility. With the 52-week high and low being 26.82 and 20.44, respectively, the current price of 25.29 is nearing the upper end of its recent range.

From a fundamental perspective, the Assets Under Management (AUM) stand at $16.70 million, indicating a relatively small but still viable ETF. Given the funds focus on U.S. manufacturing and its non-diversified nature, investors should be aware of the potential risks associated with sector-specific and concentration risk.

Forecasting the future performance of MADE based on the available technical and fundamental data, we can hypothesize that if the U.S. manufacturing sector continues to grow or maintain its current momentum, MADE could potentially move towards its 52-week high. Conversely, if the sector faces headwinds, the ETF might experience a decline. With its current price near the 52-week high and above key moving averages, a cautious approach might be warranted, considering potential resistance at the 52-week high and the overall market conditions. Investors should closely monitor the funds price action and sector trends for further insights.