Themes US R&D Champions ETF Price & Performance (USRD)

The Themes US R&D Champions ETF (USRD) is encountering resistance at $29.24, signaling potential short opportunities. Analysts recommend shorting slightly below this level with a stop loss at $29.32. While long-term ratings are strong, near and mid-term ratings remain weak, suggesting caution for traders looking to enter new positions.1

A break above $29.24 could trigger a buy signal for USRD, with a target of $30.56. However, traders are advised to set stop losses at $29.16 to manage risks. The ETF's technical data highlights this level as a critical resistance point, emphasizing the importance of monitoring price movements closely.1

USRD's resistance at $29.15 remains unbroken, offering traders shorting opportunities with a target of $28.48. A stop loss at $29.23 is recommended to mitigate potential losses. This cautious approach aligns with the ETF's weak near-term ratings, urging investors to stay vigilant.2