(ANAV) AXA IM NASDAQ 100 - USD - Ratings and Ratios

The AXA IM NASDAQ100 UCITS ETF - USD Acc EUR is an exchange-traded fund listed on XETRA under the ticker symbol ANAV. It is designed to track the Morningstar US LM Brd Growth NR USD Index, providing investors with exposure to US large-cap growth equities. As a UCITS-compliant ETF, it adheres to the Undertakings for the Collective Investment in Transferable Securities directive, making it accessible to a broad range of investors across Europe.

From a technical analysis perspective, the ETFs price is currently below its 20-day Simple Moving Average (SMA20) of $18.55, indicating a short-term downtrend. The 50-day SMA ($16.91) and 200-day SMA ($16.75) are closely aligned, suggesting a stable long-term trend. The Average True Range (ATR) of 0.30 represents a daily price volatility of 1.85%, which is relatively moderate. The ETFs price is also below its 52-week high of $19.06 and above its 52-week low of $13.49, indicating that it is currently in a consolidation phase.

Fundamentally, the AXA IM NASDAQ100 UCITS ETF has a substantial Assets Under Management (AUM) of €1.056 billion, indicating a strong investor base and liquidity. The funds focus on US large-cap growth equities positions it to benefit from the long-term growth prospects of the US technology and growth sectors, which are heavily represented in the NASDAQ-100 Index.

Forecasting the ETFs future performance involves analyzing both technical and fundamental data. Given the current technical downtrend and the ETFs position relative to its SMAs, a potential short-term target could be the 52-week low of $13.49 if the downtrend continues. However, if the ETF can break above the SMA20, it may signal a reversal and potential upward movement towards the 52-week high of $19.06. Fundamentally, the strong AUM and the ETFs exposure to US large-cap growth equities provide a solid foundation for long-term growth. Therefore, a forecast of moderate short-term volatility followed by potential long-term growth is plausible, assuming the US large-cap growth sector continues to perform well.