(MSE) Lyxor Stoxx 50 D-EUR - Ratings and Ratios

The Lyxor EURO STOXX50 (DR) UCITS ETF is designed to mirror the performance of the EURO STOXX50 Net Return EUR index, a premier benchmark for Eurozone blue-chip stocks. By incorporating a daily currency hedge, the USD-hedged share class mitigates foreign exchange risk, providing investors with a straightforward solution to manage currency fluctuations.

The EURO STOXX50 index is a widely recognized indicator of Eurozone market performance, comprising 50 leading stocks from various sectors across 12 Eurozone countries. It represents approximately 60% of the free float market capitalization of the EURO STOXX Total Market Index, which in turn covers around 95% of the represented countries free float market capitalization. This index is a reliable barometer for the Eurozones economic health.

With Assets Under Management (AUM) of €3206.02M, the Lyxor EURO STOXX50 (DR) UCITS ETF is a substantial player in the Eurozone Large-Cap Equity ETF category. Its liquidity and trading volume make it an attractive option for investors seeking exposure to the Eurozones top companies.

Analyzing the technical data, the ETFs last price is €59.71, with a 20-day Simple Moving Average (SMA) of €59.77, indicating a slight downward trend. The 50-day SMA (€57.35) and 200-day SMA (€55.48) suggest a longer-term uptrend. The Average True Range (ATR) of 0.66 (1.10%) implies moderate volatility. Given the current price is near the 52-week high (€60.35), we can expect some consolidation or a potential pullback.

Combining technical and fundamental analysis, our forecast suggests that the Lyxor EURO STOXX50 (DR) UCITS ETF will experience a moderate correction in the short term, potentially testing the 50-day SMA (€57.35) as a support level. However, given the ETFs tracking of the EURO STOXX50 index, which is expected to benefit from the overall Eurozone economic growth, we anticipate a rebound and continued upward trend in the long term, potentially reaching new highs above €60.35.