(IWQU) iShares Edge MSCI World - Ratings and Ratios

The iShares Edge MSCI World Quality Factor UCITS ETF USD (Acc) is an exchange-traded fund that tracks the Morningstar Global TME NR USD index, providing investors with exposure to a diversified portfolio of high-quality global equities. As a Global Large-Cap Blend Equity ETF, it focuses on large-cap stocks with a blend of growth and value characteristics.

From a technical analysis perspective, the ETF has demonstrated a strong upward trend, with its last price of 72.01 exceeding its 20-day simple moving average (SMA) of 70.85 and 50-day SMA of 68.26. The 200-day SMA stands at 69.90, indicating a longer-term uptrend. The average true range (ATR) of 0.67, representing a 0.93% daily price movement, suggests moderate volatility. With a 52-week high of 72.49 and a low of 61.02, the ETF is currently trading near its all-time high, indicating a strong market sentiment.

Fundamentally, the ETF has a substantial assets under management (AUM) of 3976.45M USD, indicating a high level of investor confidence and liquidity. This suggests that the ETF is well-established and has a strong presence in the market.

Based on the technical and fundamental data, a forecast for the ETF can be made. With the current price near its 52-week high and above its 20-day and 50-day SMAs, the ETF is likely to continue its upward trend. The strong AUM and the ETFs focus on high-quality global equities suggest a stable and potentially growing investment opportunity. Therefore, it is forecasted that the ETF will continue to trade above 72.00 in the short term, with potential targets at 73.00 and 74.00. However, a decline below 70.85 may indicate a reversal in the trend, warranting a re-evaluation of the investment.