(LYINR) Lyxor MSCI India Acc USD - Ratings and Ratios

The Lyxor MSCI India UCITS ETF Acc USD is a Swiss-based exchange-traded fund that tracks the Morningstar India TME NR USD index, providing investors with exposure to Indian equities. As an ETF categorized under India Equity, it allows for diversified investment in the Indian market.

From a technical standpoint, the ETF has shown a recent price of $31.83, slightly above its 20-day Simple Moving Average (SMA) of $31.69, indicating a potential bullish trend. The 50-day SMA at $30.57 further supports this, as the current price is significantly higher, suggesting an upward momentum. However, the 200-day SMA at $32.71 indicates that the ETF is still below its longer-term average, potentially signaling a resistance level. The Average True Range (ATR) of 0.52, or 1.65%, suggests a moderate level of volatility, which can be considered relatively stable for an India Equity ETF. The ETF has traded between $28.45 and $37.02 over the past 52 weeks, indicating a range of potential support and resistance levels.

Fundamentally, the Lyxor MSCI India UCITS ETF Acc USD has Assets Under Management (AUM) of $360.19 million, indicating a decent size that can provide liquidity to investors. The funds focus on tracking the Morningstar India TME NR USD index means its performance is closely tied to the overall Indian equity market, which has been a growth story for several years due to Indias economic expansion.

Combining both technical and fundamental data, a potential forecast for the Lyxor MSCI India UCITS ETF Acc USD could involve a cautious optimism. The ETFs recent price action and its position relative to its SMAs suggest a short-term bullish trend. However, its position below the 200-day SMA and the overall volatility of the Indian equity market, as indicated by the ATR, suggest that there could be challenges ahead. If the Indian economy continues to grow and the overall equity market performs well, the ETF could potentially break through its 52-week high of $37.02, driven by increased investor interest and capital inflows. Conversely, a downturn in the Indian market or global economic uncertainties could push the price back towards its 52-week low. Therefore, investors should closely monitor both the technical indicators and fundamental factors influencing the Indian equity market to make informed decisions.