(WIND) SPDR MSCI World - Ratings and Ratios

The SPDR MSCI World Industrials UCITS ETF USD Acc (WIND) is an exchange-traded fund that tracks the Morningstar Global Basic Materials TME NR USD index, providing investors with exposure to a diversified portfolio of industrial materials stocks from around the world.

The fund is managed by State Street Global Advisors (SSGA), a renowned asset management company with a strong track record in ETF management. As a Sector Equity Industrial Materials ETF, WIND offers investors a targeted investment solution for those seeking to capitalize on the performance of the global industrials sector.

With a current price of $68.56, WIND is trading above its 20-day simple moving average (SMA) of $67.01, indicating a positive short-term trend. The 50-day SMA of $64.84 and 200-day SMA of $65.97 also suggest a longer-term uptrend. The average true range (ATR) of 1.14, representing a 1.66% daily price movement, indicates moderate volatility.

From a fundamental perspective, the funds assets under management (AUM) stand at €86.24 million, indicating a relatively small but still viable fund size. As the fund tracks a specific index, its holdings are likely to be diversified across various industrial materials stocks, potentially reducing stock-specific risk.

Based on the technical and fundamental data, a forecast for WIND could be as follows: With the current uptrend and moderate volatility, we can expect WIND to continue its upward trajectory in the short term. If the 52-week high of $70.37 is retested, we may see a breakout above this level, potentially leading to further gains. Conversely, a decline below the 50-day SMA of $64.84 could signal a reversal in the trend. Therefore, investors may consider accumulating WIND on dips towards the 20-day SMA or $67.01, with a target price of $72.00 in the next 6-12 months, assuming the current trend continues.