(IUIT) iShares SP500 Information - Ratings and Ratios

iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) USD (SW:IUIT) is a Switzerland-domiciled exchange-traded fund managed by BlackRock. The ETF tracks the Morningstar Global Technology TME NR USD index, providing exposure to a broad range of technology companies. It is UCITS-compliant and listed on the SIX Swiss Exchange, trading in US dollars. The fund focuses on the technology sector, offering investors access to key players in software, hardware, semiconductors, and IT services.

From a technical perspective, the ETF currently trades at 28.56, slightly below its 20-day SMA of 28.50 but notably below its 50-day SMA of 30.66 and 200-day SMA of 32.01. This indicates a bearish trend in the short to medium term. The ATR of 1.01 reflects moderate volatility. The average daily trading volume of 61,665 shares over the past 20 days suggests reasonable liquidity for an ETF of its size. With an AUM of $9.85 billion, the fund is well-established and benefits from economies of scale, typically translating to lower expense ratios and tighter bid-ask spreads for investors.

3-Month Forecast: Based on , the ETFs price is likely to face resistance at the 30.00 level, with potential support near 27.50. If the broader technology sector maintains its growth trajectory, driven by innovation in AI, cloud computing, and semiconductor advancements, the ETF could see a rebound toward its 50-day SMA by the end of the quarter. However, macroeconomic factors such as rising interest rates and geopolitical tensions could weigh on performance, potentially leading to a sideways or slightly bearish trend in the near term.