(MXJ) HSBC MSCI Pacific ex Japan - Ratings and Ratios

The HSBC MSCI Pacific ex Japan UCITS ETF is an exchange-traded fund that tracks the Morningstar Developed Asia Pacific ex Japan Total Market Index, providing investors with exposure to a diversified portfolio of stocks in the region, excluding Japan. With its primary listing in France, this ETF offers a convenient way to tap into the growth potential of the Asia Pacific ex Japan equity market.

From a technical analysis perspective, the ETFs price is currently at 13.18, indicating a stable trend as it is equal to its 20-day Simple Moving Average (SMA). The 50-day SMA and 200-day SMA are at 12.86 and 12.97, respectively, suggesting a potential bullish crossover in the near term. The Average True Range (ATR) is 0.10, representing a daily price volatility of 0.74%. The ETFs price has fluctuated between a 52-week high of 13.68 and a low of 10.94, indicating a relatively stable performance over the past year.

With Assets Under Management (AUM) of approximately 596.57 million EUR, the fund demonstrates a reasonable level of liquidity and investor interest. As the ETF tracks a broad market index, its performance is closely tied to the overall trend of the Asia Pacific ex Japan equity market.

Based on the available technical and fundamental data, a potential forecast for the HSBC MSCI Pacific ex Japan UCITS ETF could be that it continues to trend upwards, driven by the bullish crossover indicated by the SMA indicators. If the ETFs price sustains above its 20-day SMA, it may target the 52-week high of 13.68 in the near term. However, a decline below the 50-day SMA could signal a reversal in the trend. Investors should closely monitor the ETFs price action and adjust their strategies accordingly.