(CHDVD) iShares Swiss Dividend - Ratings and Ratios

The iShares Swiss Dividend ETF (CH) (SW:CHDVD) tracks the Morningstar Switzerland TME NR CHF Index, providing investors with exposure to a diversified portfolio of dividend-paying stocks in the Swiss market. As a Switzerland Equity ETF, it is designed to capture the performance of the Swiss equity market, with a focus on income-generating securities.

With a strong presence in the Swiss market, CHDVD offers investors a convenient way to gain access to the countrys stable and established companies, many of which are leaders in their respective industries. The ETFs underlying index is calculated by Morningstar, a reputable index provider, ensuring a transparent and rules-based approach to stock selection.

Analyzing the ETFs recent price action, we can observe a bullish trend, with the short-term Simple Moving Average (SMA20) at 169.71 and the long-term SMA200 at 161.56, indicating a positive momentum. The Average True Range (ATR) of 1.75, equivalent to 1.03%, suggests a relatively stable volatility profile. Using these technical indicators, we can forecast a potential price target of 176.50 in the near term, based on the ETFs current trend and volatility.

From a fundamental perspective, the ETFs Assets Under Management (AUM) stand at 4519.35M CHF, indicating a significant investor base and liquidity. Considering the current market conditions and the ETFs underlying holdings, we can expect a stable dividend yield, making it an attractive option for income-seeking investors. Our forecast suggests that the ETFs AUM will continue to grow, driven by the demand for stable and income-generating investments in the Swiss market.

Combining both technical and fundamental analysis, our forecast indicates that CHDVD is likely to continue its upward trend, driven by its strong underlying holdings and favorable market conditions. We expect the ETFs price to reach 180.00 in the next 6-12 months, driven by a combination of its bullish trend and the overall performance of the Swiss equity market.