(SMIN) iShares MSCI India - Ratings and Ratios

The iShares MSCI India Small-Cap ETF (BATS:SMIN) is designed to provide exposure to small-capitalization companies in India, offering a targeted way to invest in the growth potential of the Indian equity market. The fund typically allocates at least 80% of its assets to securities included in its underlying index or to investments that closely replicate the economic characteristics of those securities. This approach ensures that the ETF stays closely aligned with the performance of the index it tracks, which is specifically constructed to measure the equity performance of small-cap companies in India. For more information, visit http://www.ishares.com.

As of the latest data, the fund has an average trading volume of 367,638 shares over the past 20 days, with a last price of $62.96. Technically, the ETF is currently trading below its key moving averages, with the 20-day SMA at $66.93, the 50-day SMA at $71.37, and the 200-day SMA at $75.37. This indicates a recent downtrend in price action. The Average True Range (ATR) of 1.07 suggests moderate volatility. From a fundamental perspective, the ETF manages assets under management (AUM) of $639.97 million, reflecting investor interest in small-cap Indian equities.

Looking ahead over the next three months, the ETFs performance will likely be influenced by both technical and fundamental factors. Technically, the ETF is testing support levels below its long-term moving averages, and a break below these levels could signal further downside. However, the relatively stable ATR suggests that volatility may remain contained, potentially offering traders opportunities to capitalize on price fluctuations. From a fundamental standpoint, the Indian small-cap sector may continue to attract investors seeking growth opportunities, though macroeconomic conditions and broader market sentiment will play a significant role in shaping the ETFs trajectory.