(ASRR) BNP Paribas Easy MSCI - Ratings and Ratios

BNP Paribas Easy MSCI Europe SRI Cap (XETRA:ASRR) is an exchange-traded fund designed to track the performance of the Morningstar DM Eur TME NR EUR Index. This ETF focuses on large-cap equities across Europe, integrating environmental, social, and governance (ESG) criteria. With an AUM of 1.45 billion EUR, it represents a significant allocation to sustainable investing within the region.

From a technical perspective, ASRR has shown a short-term downtrend, with its last price of 33.98 EUR falling below the 20-day SMA of 34.44. The 50-day SMA at 33.72 suggests a potential support level, while the 200-day SMA at 33.00 indicates a longer-term bullish trend. The ATR of 0.25 reflects moderate volatility.

Over the next three months, ASRR is expected to remain range-bound between 32.50 and 35.00 EUR. The 20-day SMA crossing above the 50-day SMA could signal a bullish reversal, targeting the 34.80 resistance level. Conversely, a breach below the 200-day SMA at 33.00 may trigger a corrective phase toward 31.50. The AUM growth aligns with increasing demand for SRI investments, potentially supporting the ETFs price stability.