(I50D) iShares SP500 Swap USD - Ratings and Ratios

The iShares S&P500 Swap UCITS ETF USD (Dis) (AS:I50D) is an exchange-traded fund that tracks the Morningstar US Large-Mid NR USD index, providing investors with exposure to a broad range of large-cap and mid-cap US stocks. As a UCITS-compliant ETF, it is designed to meet the strict regulatory requirements of the European Union, making it a suitable investment option for institutional and individual investors alike.

From a technical analysis perspective, the ETFs price action suggests a bullish trend, with the short-term Simple Moving Average (SMA20) at $6.68 and the long-term SMA200 at $6.50, indicating a potential golden cross formation. The Average True Range (ATR) of 0.06, or 0.89%, implies a relatively stable volatility profile. Given the current price of $6.76, which is near the 52-week high of $6.86, we can expect the ETF to continue its upward momentum, potentially reaching $7.00 in the near term, driven by the underlying indexs strong performance.

Fundamentally, the ETFs Assets Under Management (AUM) stand at $1.62 billion, indicating a significant investor base and liquidity. The underlying index, Morningstar US Large-Mid NR USD, is a widely followed benchmark that captures the performance of large-cap and mid-cap US stocks. As the US economy continues to grow, driven by factors such as technological innovation and consumer spending, the underlying index is likely to benefit, driving the ETFs price higher. With a strong fundamental backdrop and favorable technical indicators, we forecast the ETF to reach $7.50 within the next 12 months, representing a potential upside of 11% from current levels.

Combining both technical and fundamental analysis, our forecast suggests that the iShares S&P500 Swap UCITS ETF USD (Dis) (AS:I50D) is poised for continued growth, driven by the underlying indexs strong performance and the ETFs favorable technical profile. As such, we recommend investors consider accumulating the ETF at current levels, with a target price of $7.50 in the next 12 months.