(DAX) Multi Units Luxembourg - Ratings and Ratios

The Multi Units Luxembourg - Lyxor DAX (DR) UCITS ETF (Ticker: DAX, Exchange: PA) is a French-domiciled exchange-traded fund designed to track the performance of the Morningstar Germany TME NR EUR Index. This ETF provides exposure to German equities, focusing on blue-chip companies that drive the German economy. The fund is part of the Lyxor ETF product line, managed by Amundi, one of Europes largest asset management firms.

From a technical perspective, the ETF shows a last price of 211.45 EUR, with a 20-day average volume of 11,076 shares. The SMA 20, SMA 50, and SMA 200 are 196.35, 203.78, and 185.69, respectively, indicating a bullish trend in the short to medium term. The ATR of 4.85 reflects moderate volatility. On the fundamental side, the ETF manages assets under management (AUM) of 1.051 billion EUR, highlighting its popularity among investors seeking German equity exposure.

Based on the technical and fundamental data, the ETF is expected to maintain its upward momentum in the near term, supported by the positive slope of its moving averages. However, the narrowing ATR suggests potential consolidation or reduced volatility in the coming weeks. Investors seeking targeted exposure to German large-cap stocks may find this ETF a suitable option for diversification within their portfolios.