(CBRS) First Trust Nasdaq - Ratings and Ratios

The First Trust Nasdaq Cybersecurity UCITS ETF Class A USD Accumulation is an exchange-traded fund (ETF) listed on the XETRA exchange, providing investors with exposure to the cybersecurity sector. As a Sector Equity Technology ETF, it focuses on companies involved in the global technology and cybersecurity industries.

The fund tracks the Morningstar Global Tech TME NR USD index, which serves as a benchmark for the global technology sector. By investing in this ETF, investors gain diversified access to a portfolio of companies that are involved in the development and provision of cybersecurity solutions, thereby potentially benefiting from the growth of the cybersecurity market.

With Assets Under Management (AUM) of approximately 431.97 million EUR, the ETF has a considerable presence in the market, indicating a level of investor confidence and interest in the cybersecurity sector. The fund is managed by First Trust, a well-established investment management firm with expertise in ETF management.

Analyzing the technical data, the ETFs last price is 37.80, indicating a recent upward trend as it is above both its 20-day Simple Moving Average (SMA20) of 35.64 and its 50-day Simple Moving Average (SMA50) of 36.84. The Average True Range (ATR) of 1.28, representing a 3.38% volatility, suggests moderate short-term price movements. Given the current price is near its 200-day Simple Moving Average (SMA200) of 37.18, it indicates a potential support level. The 52-week high and low of 44.49 and 30.43, respectively, provide a range of its recent performance, showing a significant recovery and growth potential.

Forecasting based on the available technical and fundamental data, if the ETF continues to be above its SMA200 and maintains the upward momentum, it could potentially target the 52-week high of 44.49. Conversely, a drop below the SMA50 could signal a correction towards the SMA20 or lower. The growth prospects of the cybersecurity sector, coupled with the ETFs diversified portfolio, may continue to attract investors, potentially driving the price upwards. However, investors should be cautious of market volatility and sector-specific risks.

To make an informed investment decision, its crucial to consider both the technical indicators and the fundamental strengths of the ETF, including its tracking index, management, and the overall growth prospects of the cybersecurity sector. Investors should monitor the ETFs performance relative to its benchmarks and adjust their strategies accordingly.