(UKX) HSBC FTSE 100 - Ratings and Ratios

The HSBC FTSE100 UCITS ETF is an exchange-traded fund that tracks the Morningstar UK All Cap TME NR GBP index, providing investors with exposure to the UK large-cap equity market. As a UCITS-compliant ETF, it adheres to stringent regulatory standards, making it a suitable investment option for a broad range of investors.

With its assets under management (AUM) standing at approximately €517.11 million, the fund has established itself as a sizable player in the UK ETF market. The ETFs investment objective is to replicate the performance of the underlying index, which comprises a diverse range of UK-listed companies, with a focus on large-cap stocks.

From a technical analysis perspective, the ETFs price action indicates a bullish trend, with the short-term Simple Moving Average (SMA20) at 104.61 and the long-term SMA200 at 99.16. The current price of 104.78 is above both the SMA20 and SMA50 (100.60), suggesting a positive momentum. The Average True Range (ATR) of 0.66 represents a relatively low volatility, indicating a stable trading environment.

Combining technical and fundamental insights, a forecast for the HSBC FTSE100 UCITS ETF can be derived. Given the current bullish trend and the ETFs tracking of the UK large-cap equity market, a potential price target could be in the range of 108-110, representing a 3-5% increase from the current price. However, this forecast is contingent upon the overall market conditions and the performance of the underlying index. A breach of the 52-week low of 88.20 would, conversely, signal a significant bearish trend reversal.

To access more information about the HSBC FTSE100 UCITS ETF, investors can visit the HSBC Asset Management website at http://www.assetmanagement.hsbc.com, where they can find detailed fund documentation, fact sheets, and other relevant resources.