(36B3) iShares MSCI Europe SRI - Ratings and Ratios

The iShares MSCI Europe SRI UCITS ETF EUR (Dist) is an exchange-traded fund listed on the XETRA exchange with the ticker symbol 36B3. It is designed to track the Morningstar Developed Markets Europe Index, providing investors with exposure to a broad range of European large-cap stocks that adhere to certain sustainability criteria.

This ETF is categorized under Europe Large-Cap Blend Equity, indicating its investment focus on a mix of growth and value stocks within the European large-cap universe. The funds assets under management (AUM) stand at approximately 262.51 million EUR, suggesting a reasonable level of liquidity and investor interest.

From a technical analysis perspective, the ETFs price is currently at 7.56 EUR, with short-term (SMA20) and medium-term (SMA50) moving averages indicating a positive trend, as the current price is above both the SMA20 (7.22 EUR) and SMA50 (7.36 EUR). The long-term trend (SMA200) is also supportive, with the price slightly above the SMA200 (7.51 EUR). The Average True Range (ATR) of 0.13 EUR or 1.77% suggests relatively moderate volatility.

Given the current technical and fundamental data, a forecast for the iShares MSCI Europe SRI UCITS ETF EUR (Dist) could be constructed. If the ETF continues to trend above its SMA20 and SMA50, and given its proximity to the 52-week high of 7.82 EUR, there is potential for further upside. However, the relatively modest AUM and the ETFs reliance on the broader European markets performance are factors to consider. A potential target could be a move towards the 52-week high, with a stop-loss below the SMA50 to manage risk. Conversely, failure to break through the 52-week high could result in a pullback towards the SMA50 or SMA200. Investors should monitor the ETFs ability to sustain its current trend and adjust their strategies accordingly.

Its also worth noting that the ETFs distribution feature (EUR (Dist)) implies that it is designed to distribute income to investors, which could be attractive to those seeking regular returns. The funds adherence to sustainability criteria (SRI) may also appeal to investors with environmental, social, and governance (ESG) considerations.