(IEDY) iShares V - iShares EM - Ratings and Ratios

The iShares EM Dividend UCITS ETF USD (SW:IEDY) is an exchange-traded fund that tracks the Morningstar Emerging Markets Dividend Tilted Index, providing investors with exposure to a diversified portfolio of dividend-paying stocks in emerging markets. As a product offered by BlackRock, a leading global investment manager, this ETF is designed to cater to investors seeking income-generating assets in emerging markets.

With its domicile in Switzerland, IEDY is categorized under Global Emerging Markets Equity ETFs, making it an attractive option for investors looking to tap into the growth potential of emerging markets while generating dividend income. The funds underlying index is constructed by Morningstar, a renowned index provider, to represent the dividend-paying universe in emerging markets.

Analyzing the technical data, we observe that the ETFs price is currently at $12.84, slightly below its 20-day Simple Moving Average (SMA) of $12.87, indicating a potential short-term bearish trend. However, the 50-day SMA at $12.48 and 200-day SMA at $12.72 suggest a longer-term bullish outlook. The Average True Range (ATR) of 0.13, representing a 1.04% daily price movement, indicates moderate volatility. Given the current price is near the lower end of its 52-week range ($11.14 - $13.43), we can anticipate a potential rebound.

Considering the fundamental data, the Assets Under Management (AUM) of $740.44 million indicate a reasonable level of investor interest and liquidity. To forecast the ETFs performance, we can combine the insights from both technical and fundamental data. The dividend-focused strategy, coupled with the emerging markets exposure, positions IEDY to potentially benefit from any upswing in these markets. If the global economic environment continues to support emerging markets, and dividend-paying stocks remain in favor, IEDY could see its price move towards the upper end of its 52-week range. A potential target could be $13.20, representing a 2.8% increase from the current price, driven by a combination of technical rebound and fundamental support.