(SDGPEX) iShares STOXX Global Select - Ratings and Ratios

The iShares STOXX Global Select Dividend100 UCITS ETF (DE) EUR (SW:SDGPEX) is an exchange-traded fund that tracks the Morningstar Global High Dividend Yield Index, providing investors with exposure to a diversified portfolio of high-dividend-yielding stocks globally.

The funds underlying index is designed to capture the performance of 100 high-dividend-yielding stocks from developed markets worldwide, offering a relatively stable source of income. By investing in this ETF, investors can gain access to a broad range of dividend-paying companies across various sectors and geographies.

From a technical analysis perspective, the ETFs price is currently above its 20-day, 50-day, and 200-day simple moving averages (SMA20, SMA50, and SMA200), indicating a positive short-term and long-term trend. The Average True Range (ATR) of 0.49, equivalent to 1.60% of the current price, suggests moderate volatility. Given the current price of 30.87, the proximity to the 52-week high of 31.03, and the relatively stable moving averages, its likely that the ETF will continue to experience a bullish trend in the near term.

Combining technical and fundamental insights, we can forecast that the iShares STOXX Global Select Dividend100 UCITS ETF (DE) EUR (SW:SDGPEX) is poised for potential growth, driven by its underlying high-dividend-yielding stocks and favorable technical indicators. With Assets Under Management (AUM) of 51.00M EUR, the fund has a stable presence in the market. As the ETF continues to track its underlying index, investors can expect relatively stable income generation and potential long-term capital appreciation.

Based on the current technical and fundamental data, a potential forecast for the ETFs price could be a gradual increase towards the 52-week high, potentially reaching 31.50 within the next few months, assuming the current trend persists and dividend yields remain attractive.