(2B7F) iShares Automation - Ratings and Ratios

The iShares Automation & Robotics UCITS ETF USD (Dist) (Ticker: 2B7F) is a Germany-domiciled exchange-traded fund (ETF) listed on XETRA, designed to provide exposure to companies involved in the automation and robotics sector. The fund tracks the Morningstar Global Technology TME NR USD Index, focusing on firms that develop and implement automation technologies, including robotics, artificial intelligence, and industrial automation. It invests across various sectors, with a primary emphasis on technology, industrials, and healthcare.

From a technical perspective, the ETF exhibits a short-term bearish trend, with its 20-day Simple Moving Average (SMA) of 7.44 falling below its 50-day SMA of 8.24 and 200-day SMA of 8.45. The Average True Range (ATR) of 0.25 indicates moderate volatility, while the 20-day average volume of 23,616 shares suggests consistent liquidity. The last price of 7.67 reflects current market sentiment.

Fundamentally, the ETF manages an asset base of €3.833 billion, underscoring its popularity among investors seeking targeted exposure to the automation and robotics theme. Its holdings are diversified across geographies, with a focus on developed markets.

Over the next three months, the ETF is expected to face headwinds due to the bearish crossover in its SMA indicators. However, the moderate ATR suggests that volatility will remain manageable. If the 20-day SMA crosses above the 50-day SMA during this period, it could signal a potential reversal. Fundamental tailwinds from increasing automation adoption in key sectors may offset near-term technical weakness.