(9W1) BNP PARIBAS EASY - MSCI - Ratings and Ratios

The BNP PARIBAS EASY - MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Accumulation is an exchange-traded fund listed on the XETRA exchange with the ticker symbol 9W1. It is designed to track the Morningstar China TME NR USD index, providing investors with exposure to Chinese equities.

As a China Equity ETF, it is likely that the fund focuses on companies listed in China or deriving significant revenue from the Chinese market. The funds underlying index, Morningstar China TME NR USD, is a benchmark that captures the performance of the Chinese equity market. The SRI S-Series in the funds name suggests that it incorporates Environmental, Social, and Governance (ESG) criteria, making it appealing to investors seeking socially responsible investments.

Analyzing the provided technical data, we see that the ETFs last price is €6.98, with short-term (SMA20) and long-term (SMA50, SMA200) moving averages indicating a generally positive trend. The Average True Range (ATR) of 0.16, or 2.33%, suggests moderate volatility. Given these indicators, the ETF appears to be in an upward trend, with the short-term average above the long-term averages, indicating potential for continued growth.

Combining the technical analysis with fundamental data, such as the Assets Under Management (AUM) of €121.13M, we can infer that the fund has a relatively modest size. While not excessively large, it is sufficiently sizable to provide liquidity. The growth in AUM could be a positive indicator of investor confidence.

Forecasting the ETFs performance based on the available data, we can hypothesize that the upward trend may continue, driven by the positive momentum indicated by the short-term moving averages and the overall trend in the Chinese equity market. However, the moderate volatility suggested by the ATR indicates that investors should be prepared for fluctuations. A potential trading strategy could involve monitoring the ETFs price relative to its moving averages and adjusting positions accordingly. For instance, a break above the SMA50 at €6.91 could signal further upside potential, while a drop below the SMA20 at €6.68 might indicate a need to reevaluate the position.

To further refine this forecast, it would be beneficial to analyze additional data, such as the composition of the Morningstar China TME NR USD index, recent economic indicators from China, and any regulatory changes that could impact Chinese equities. Nonetheless, based on the current technical and fundamental data, the BNP PARIBAS EASY - MSCI China Select SRI S-Series 10% Capped UCITS ETF EUR Accumulation appears poised for potential growth, making it a candidate for investors seeking exposure to the Chinese equity market with an ESG focus.