(DBX2) Xtrackers MSCI EM Asia Swap - Ratings and Ratios

The Xtrackers MSCI EM Asia Swap UCITS ETF1C (XETRA:DBX2) is an exchange-traded fund that tracks the Morningstar Asia ex-Japan TME NR USD index, providing investors with exposure to emerging Asian markets excluding Japan. The fund is domiciled in Germany and is categorized under Asia ex-Japan Equity ETFs.

From a technical standpoint, the ETF has been exhibiting a bullish trend, with its short-term and long-term moving averages indicating a positive momentum. The current price of 60.10 is above its 20-day, 50-day, and 200-day simple moving averages (SMA20: 58.95, SMA50: 57.41, SMA200: 57.98), suggesting a strong upward trend. The average true range (ATR) of 0.61, representing a 1.01% daily price movement, indicates moderate volatility. Given the current technical setup, it is likely that the ETF will continue its upward trajectory, potentially testing the 52-week high of 62.48.

Fundamentally, the Xtrackers MSCI EM Asia Swap UCITS ETF1C has a substantial asset under management (AUM) of 619.74 million EUR, indicating a reasonable level of liquidity and investor interest. The underlying index, Morningstar Asia ex-Japan TME NR USD, comprises a diversified basket of stocks from emerging Asian markets, providing a broad exposure to the regions growth story.

Combining both technical and fundamental analysis, a potential forecast for the Xtrackers MSCI EM Asia Swap UCITS ETF1C is that it may continue to rise, driven by the positive momentum and the growth prospects of the underlying emerging Asian markets. If the ETF sustains its current price above the 20-day SMA and the ATR remains within the current range, it may target the 52-week high of 62.48 in the near term. However, a break below the 50-day SMA could signal a reversal, and investors should monitor the price action closely.