(RNSC) First Trust Small Cap US - Ratings and Ratios

The First Trust Small Cap US Equity Select ETF (NASDAQ: RNSC) is designed to track the performance of well-capitalized small and mid-sized companies with strong market positions. The fund typically allocates at least 80% of its net assets to securities included in its underlying index, which focuses on companies with robust financial health and competitive advantages. This approach aims to capture the growth potential of smaller firms while maintaining a level of stability through careful selection.

From a technical perspective, RNSC is currently trading at $27.55, below its short-term (20-day) SMA of $29.14 and mid-term (50-day) SMA of $29.85. The 200-day SMA of $29.51 indicates a recent downtrend. Average daily trading volume over the past 20 days is 9,940 shares, with an ATR of 0.35, suggesting moderate volatility. The funds AUM stands at $25.69 million, reflecting its smaller size compared to larger ETFs in the small-cap space.

3-Month Forecast: Based on the current technical and fundamental data, RNSC is expected to face headwinds in the near term due to its position below key moving averages. The 20-day and 50-day SMAs are converging, which may indicate a potential sideways trend or further decline if support levels fail. However, the funds focus on small-cap value stocks could attract investors seeking undervalued opportunities, potentially stabilizing or increasing AUM. The ATR of 0.35 suggests that price fluctuations will likely remain manageable, but the overall direction will depend on broader market sentiment toward small-cap equities.