(CC1) Amundi MSCI China Tech - Ratings and Ratios

The Amundi Index Solutions - Amundi MSCI China UCITS ETF-C EUR (PA:CC1) is an exchange-traded fund designed to replicate the performance of the Morningstar China Index. It provides exposure to a broad range of Chinese equities, offering investors a way to gain access to the Chinese market. The ETF is listed on Euronext Paris (PA) and is categorized under China Equity funds.

From a technical standpoint, the ETF has shown a bearish trend in recent months. The 20-day moving average (265.63) is below the 50-day (247.38) and 200-day (219.62) moving averages, indicating downward momentum. The average trading volume over the last 20 days is 1,164, while the last price recorded was 263.75. The Average True Range (ATR) of 5.09 suggests moderate volatility.

In terms of fundamental data, the ETF has an Assets Under Management (AUM) of 64.58 million EUR, reflecting a moderate size fund that is less likely to experience significant liquidity challenges compared to smaller funds.

3-Month Forecast

Based on and , the ETF is expected to face headwinds in the short term due to the bearish technical setup. The 20-day moving average remaining below the 50-day and 200-day averages suggests continued weakness. However, the relatively low ATR may indicate reduced volatility, which could attract risk-averse investors. Fundamentally, the moderate AUM size may limit rapid inflows or outflows, providing some stability. Overall, the ETF is likely to trade sideways to slightly lower in the next three months, with potential support near the 200-day moving average level of 219.62.