(D5BM) Xtrackers SP500 Swap 1C - Ratings and Ratios

The Xtrackers S&P 500 Swap UCITS ETF 1C EUR is a German-based ETF that tracks the Morningstar US Large-Mid NR USD index, providing investors with exposure to a broad range of large-cap US equities. As a US Large-Cap Blend Equity ETF, it is designed to capture the performance of the US stock markets largest and most liquid companies.

From a technical analysis perspective, the ETFs price action indicates a potential bullish trend. The short-term Simple Moving Average (SMA20) is above the medium-term SMA50, suggesting a positive momentum. However, the long-term SMA200 is above the current price, indicating that the ETF is still below its long-term trend. The Average True Range (ATR) of 1.49 (1.42%) suggests moderate volatility, which may present trading opportunities.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 5.55 billion EUR, indicating a high level of investor confidence and liquidity. As the ETF tracks the S&P 500 index, it is likely to benefit from the long-term growth prospects of the US economy and the companies represented in the index.

Based on the technical and fundamental data, a potential forecast for the ETF is that it may continue to experience a bullish trend in the short-term, driven by the positive momentum indicated by the SMA20 and SMA50. However, the ETFs price is still below its long-term trend, as indicated by the SMA200. Therefore, a potential trading strategy could be to buy the ETF on dips, with a target price above 117.12 (52W High). Conversely, a break below 89.93 (52W Low) could indicate a bearish trend reversal, triggering a sell signal.