(CBUH) iShares MSCI World Momentum - Ratings and Ratios

The iShares MSCI World Momentum Factor ESG UCITS ETF USD (Acc) is a German-domiciled ETF that tracks the Morningstar Global TME NR USD Index, providing investors with exposure to global large-cap equities with a blend of growth and value characteristics. The ETF is designed to capture the momentum factor while incorporating ESG (Environmental, Social, and Governance) considerations.

Analyzing the ETFs technical data, we observe a recent price of $5.10, indicating a potential buy signal as it is above its 20-day Simple Moving Average (SMA) of $4.81 and near its 50-day SMA of $4.94. However, it is below its 200-day SMA of $5.20, suggesting a possible resistance level. The Average True Range (ATR) of $0.12 or 2.42% indicates moderate volatility. Given the 52-week high and low of $5.65 and $4.37, respectively, the ETF is currently 90% above its 52-week low and 9.7% below its 52-week high, indicating a relatively stable trend.

From a fundamental perspective, the ETF has Assets Under Management (AUM) of 312.46 million EUR, indicating a moderate level of investor interest. As an ETF that incorporates ESG factors, it is likely to appeal to investors seeking sustainable investment options.

Based on the technical and fundamental data, a forecast for the iShares MSCI World Momentum Factor ESG UCITS ETF USD (Acc) could be constructed. If the ETF continues to trade above its 20-day SMA and breaks through its 200-day SMA, it may indicate a strong uptrend, potentially driven by sustained investor demand for ESG-compliant global equities. Conversely, a drop below the 20-day SMA could signal a sell-off. Therefore, a potential trading strategy could involve buying on a break above $5.20 with a stop-loss at $4.81, or selling on a break below $4.81 with a target at $4.37.