(IQDY) FlexShares International - Ratings and Ratios

The FlexShares International Quality Dividend Dynamic Index Fund (IQDY) is designed to track a curated selection of high-quality, income-generating international securities from non-US companies, providing investors with a diversified portfolio and exposure to foreign markets.

By investing at least 80% of its assets in the underlying index and related ADRs and GDRs, IQDY offers a robust and efficient way to tap into the global dividend-paying universe, capitalizing on the growth and income potential of international companies.

Analyzing the funds technical profile, we observe a recent price of $31.53, which is at its 52-week high. The short-term SMA20 at $30.32 and medium-term SMA50 at $29.36 indicate a positive trend, while the long-term SMA200 at $28.56 suggests a strong foundation for continued growth. The ATR of 0.47 (1.49%) implies moderate volatility, which is relatively manageable.

From a fundamental perspective, IQDYs Assets Under Management (AUM) stand at $68.64M USD, indicating a reasonable scale for an ETF in this category. Given the funds focus on high-quality dividend-paying stocks, we can infer that its holdings are likely comprised of established companies with strong financials and a history of stable dividend payments.

Forecasting IQDYs performance, we can anticipate a continued upward trend, driven by the funds exposure to high-quality international dividend-paying stocks. As the SMA20 and SMA50 are trending upwards, and the price is at its 52-week high, we expect IQDY to potentially reach $32.50 in the short term, representing a 3% increase from current levels. However, its essential to monitor the funds ATR and adjust expectations accordingly, as increased volatility could impact performance.

To maximize returns, investors may consider accumulating IQDY on dips, targeting a price range of $29.50-$30.50, where the SMA20 and SMA50 converge, indicating a potential support zone. Conversely, a break below $29.00 could signal a reversal, warranting a reevaluation of the investment thesis.