(GOAI) Amundi Stoxx Global - Ratings and Ratios

The Amundi Stoxx Global Artificial Intelligence ETF (GOAI) is designed to track the performance of the Morningstar Global Technology Total Return Index, focusing on companies involved in the development and application of artificial intelligence technologies. The fund provides exposure to a diversified portfolio of global equities in the technology sector, with a specific emphasis on firms engaged in AI-related activities, including hardware, software, and applications.

From a technical perspective, GOAI has shown mixed trends. The last price of 92.00 is below its 20-day simple moving average (SMA) of 85.92, indicating recent downward momentum. However, the 50-day SMA of 94.18 is slightly above the current price, suggesting the stock is trading near its medium-term average. The 200-day SMA of 99.68 is higher, signaling a longer-term downtrend. The Average True Range (ATR) of 3.03 reflects moderate volatility, while the average 20-day volume of 3,487 shares highlights relatively low trading activity.

Fundamentally, the ETF has an assets under management (AUM) of 872.71 million EUR, indicating a sizable and established fund. As a French-domiciled ETF listed on Euronext Paris, GOAI offers exposure to global technology leaders while adhering to European regulatory standards. The funds focus on AI aligns with a rapidly growing sector, though it also comes with risks tied to market volatility, regulatory changes, and sector-specific disruptions.

Based on the technical and fundamental data, GOAI is expected to remain under pressure in the short term due to its position below the 20-day SMA. However, the proximity to its 50-day SMA suggests potential stabilization. Longer-term trends will depend on broader market conditions and the performance of the technology sector. Investors should monitor volatility and sector-specific risks while considering the funds alignment with the growth trajectory of AI technologies.