(MXI) iShares Global Materials - Ratings and Ratios

The iShares Global Materials ETF (MXI) tracks the performance of companies within the materials sector, which includes industries like mining, chemicals, and construction materials. These companies are deemed crucial for global markets due to their role in supplying essential resources for infrastructure and manufacturing. The fund primarily invests at least 80% of its assets in securities from its index or similar investments, allowing up to 20% in derivatives and cash equivalents for flexibility and risk management.

Technically, MXI shows a last price of $82.22 with an average 20-day volume of 9,426 shares. The SMA 20 at $82.81 and SMA 50 at $80.81 suggest recent stability, while the SMA 200 at $84.59 indicates a potential longer-term downtrend. The ATR of 0.89 reflects low volatility. Fundamentally, with an AUM of $213.28M, the fund has moderate liquidity. Over the next three months, MXI may face headwinds from global economic uncertainties but could benefit from increased infrastructure spending, leading to a sideways to slightly bearish trend.