(RSHO) Tema Trust - Ratings and Ratios

The Tema ETF Trust (NYSE ARCA: RSHO) is a non-diversified exchange-traded fund (ETF) designed to capitalize on the economic trend of reshoring, which involves bringing back overseas economic activity to the United States. The fund invests at least 80% of its net assets in U.S.-domiciled companies that are directly or indirectly tied to the revitalization of the American industrial base. These companies are involved in industries such as manufacturing, infrastructure, and supply chain logistics that benefit from the relocation of production and economic activity back to the U.S. The funds portfolio includes common and preferred stocks of publicly listed companies, reflecting its focus on sectors poised to gain from this economic shift.

From a technical perspective, RSHO is currently trading below its 20-day and 50-day simple moving averages (SMA), which are 38.02 and 38.10, respectively. This indicates potential short-term downward pressure. The 200-day SMA of 37.10 suggests a longer-term support level. The Average True Range (ATR) of 0.62 reflects relatively low volatility, indicating stable price movements. The funds average 20-day volume of 137,350 shares suggests moderate liquidity.

Fundamentally, RSHO has assets under management (AUM) of $229.67 million, indicating a significant but not overly large fund size. This allows for targeted exposure to reshoring-related industries without excessive market impact. The funds focus on a concentrated portfolio of reshoring companies positions it to benefit from policies and economic conditions favoring domestic manufacturing and supply chain resilience.

3-Month Forecast: Based on the intersection of technical and fundamental data, RSHO is likely to face resistance near its 20-day and 50-day moving averages. If macroeconomic conditions continue to support reshoring trends, the fund may stabilize near its 200-day SMA of 37.10. However, without a breakout above 38.10, upside potential may remain limited in the near term. The funds AUM growth will depend on investor sentiment toward U.S. industrial revitalization and broader market conditions.