(HSTE) HSBC S - HSBC Hang Seng - Ratings and Ratios

HSBC ETFS PLC - HSBC Hang Seng Tech UCITS ETF (PA:HSTE) is an exchange-traded fund designed to track the performance of the Morningstar Global Tech TME NR USD Index. The fund provides exposure to a diversified portfolio of global technology companies, offering investors access to the growth potential of the technology sector. Listed on Euronext Paris, the ETF is structured as a UCITS-compliant vehicle, ensuring transparency and regulatory compliance for European investors.

The ETFs technical profile indicates moderate trading activity, with an average daily volume of 29,785 shares over the past 20 days. Currently priced at 6.20, the fund is slightly below its short-term moving averages, with the SMA 20 at 6.35 and SMA 50 at 7.04. The SMA 200 stands at 5.84, suggesting a recent upward trend. The ATR of 0.24 reflects relatively low volatility in recent trading sessions.

From a fundamental perspective, the ETF manages a substantial asset base of 7.42383 billion EUR, underscoring its popularity among investors seeking technology sector exposure. The funds focus on global technology companies positions it to benefit from long-term growth trends in innovation and digital transformation.

3-Month Forecast: Based on , the ETF is expected to face resistance at 6.50 and support at 6.00. The SMA 20 and SMA 50 indicate a potential downtrend in the near term, with price volatility likely to remain moderate. Using , the funds AUM growth is projected to stabilize as investor demand for technology sector exposure remains steady. Sector performance will likely hinge on macroeconomic conditions, including interest rate movements and corporate earnings reports.