(ROBT) First Trust Nasdaq - Ratings and Ratios

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) is designed to provide exposure to companies that are leaders in the fields of artificial intelligence (AI) and robotics. The fund typically invests at least 90% of its net assets in common stocks and depositary receipts, such as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), that are part of its underlying index. This index is specifically crafted to measure the performance of firms engaged in the development and application of AI and robotics technologies across various sectors, including technology, industrials, and other related economic areas. These sectors encompass a broad range of industries, such as automation, machine learning, robotics manufacturing, and autonomous systems.

Ticker Symbol: ROBT
Exchange: NASDAQ
Type: ETF
Country Origin: USA
ETF Category: Technology

The funds technical indicators suggest a mixed outlook. With an average 20-day volume of 79,875 shares, ROBT shows moderate trading activity. The last price of $44.25 indicates a slight dip below its short-term moving averages, with the SMA20 at $47.30 and SMA50 at $46.55, signaling potential short-term weakness. However, the SMA200 of $44.01 aligns closely with the current price, suggesting a reversion to the long-term mean. The Average True Range (ATR) of 0.91 reflects relatively low volatility, indicating stable price movements.

From a fundamental perspective, the funds Assets Under Management (AUM) of $493.83 million underscores its moderate size, balancing liquidity with diversification. This AUM level suggests a robust market presence, allowing for efficient trading without excessive market impact.

Over the next three months, based on the technical and fundamental data, ROBT is expected to experience a slight decline or sideways movement. The convergence of the SMA20 and SMA50 above the current price may indicate resistance levels, potentially leading to a retest of the SMA200 support. The low ATR suggests that any downward movement will be gradual, with limited volatility. Investors should monitor the funds performance relative to its moving averages and consider the broader market trends in AI and robotics during this period.