(XMJP) Xtrackers MSCI Japan 1C - Ratings and Ratios

The Xtrackers MSCI Japan UCITS ETF 1C JPY is an exchange-traded fund that tracks the Morningstar Japan TME NR JPY index, providing investors with exposure to Japans large-cap equity market. With its domicile in Switzerland, this ETF offers a diversified portfolio of Japanese stocks, catering to investors seeking to tap into the countrys economic growth.

Analyzing the ETFs technical data, we observe that the current price of 12,734 JPY is above its 20-day Simple Moving Average (SMA) of 12,580.60 JPY, indicating a short-term bullish trend. The 50-day SMA and 200-day SMA are at 12,226.92 JPY and 12,214.85 JPY, respectively, suggesting a longer-term uptrend. The Average True Range (ATR) stands at 134.60 JPY, equivalent to 1.06% of the current price, implying moderate volatility. Given the current prices proximity to the 52-week high of 13,412 JPY, we can anticipate potential resistance around this level.

From a fundamental perspective, the ETFs Assets Under Management (AUM) stand at approximately 2,391.57 million JPY, indicating a sizable presence in the market. This substantial AUM suggests that the ETF is well-established and has garnered significant investor interest.

Forecasting the ETFs future performance, we can integrate both technical and fundamental insights. The ongoing uptrend, as indicated by the SMA analysis, is likely to persist, driven by Japans large-cap equities. However, the proximity to the 52-week high may lead to a short-term correction. Considering the ETFs sizable AUM and the overall bullish trend, we can expect the Xtrackers MSCI Japan UCITS ETF 1C JPY to continue its upward trajectory, potentially reaching 13,500 JPY in the next 6-12 months, contingent upon favorable market conditions and Japans economic growth.