(THRO) iShares U.S. Thematic - Ratings and Ratios

The iShares U.S. Thematic Rotation Active ETF (NYSE ARCA:THRO) is an actively managed exchange-traded fund that focuses on investing in U.S. equity securities with high growth potential. Under normal market conditions, the fund allocates at least 80% of its net assets to U.S. equities that BlackRock Fund Advisors (BFA) believes possess above-average earnings growth prospects.

The funds investment universe includes a range of equity securities such as common stocks, preferred stocks, convertible securities, warrants, and depositary receipts tied to the value of common stock. As a non-diversified fund, THRO may concentrate its investments in a smaller number of securities, potentially increasing its exposure to individual stock risks.

Analyzing the funds recent performance and technical indicators, we observe that the last price is $32.46, with a 20-day simple moving average (SMA) of $31.37 and a 50-day SMA of $31.68, indicating a recent uptrend. The 200-day SMA stands at $32.70, suggesting that the fund is slightly below its long-term average. The average true range (ATR) is 0.84, equivalent to 2.60% of the last price, indicating moderate volatility.

Considering the funds assets under management (AUM) of $561.63 million, we can infer that THRO has a reasonable size, allowing for decent liquidity. Given the current technical and fundamental data, a forecast for THRO could be that it continues to trend upwards, potentially reaching the upper end of its 52-week range, around $35.41, if the growth prospects of its underlying securities materialize. However, a decline below the 52-week low of $28.66 could occur if the market sentiment shifts negatively. A more likely scenario, based on the current SMA indicators and moderate volatility, is that THRO will continue to consolidate around its current price, potentially oscillating between $31 and $34 in the short term.