(DBXA) Xtrackers MSCI Europe 1C - Ratings and Ratios

The Xtrackers MSCI Europe UCITS ETF1C (XETRA:DBXA) is a Germany-originated ETF that tracks the Morningstar Developed Markets Europe TME NR EUR index, providing investors with exposure to large-cap European equities. As a blend equity ETF, it aims to replicate the performance of its underlying index, offering a diversified portfolio of European stocks.

Analyzing the ETFs technical data, we observe that the current price is €99.63, slightly above its 20-day simple moving average (SMA) of €99.01, indicating a potential bullish trend. The 50-day SMA (€95.06) and 200-day SMA (€93.23) are both below the current price, further supporting this trend. The average true range (ATR) is €0.91, representing a 0.92% daily price movement, suggesting moderate volatility. Given the current price is near its 52-week high (€100.04) and significantly above its 52-week low (€83.64), we can infer that the ETF has been performing well in the recent past.

From a fundamental perspective, the ETFs assets under management (AUM) stand at €3397.21 million, indicating a substantial investor base and liquidity. This sizeable AUM also suggests that the ETF is well-established and has a certain level of market presence.

Combining technical and fundamental insights, we can forecast that the Xtrackers MSCI Europe UCITS ETF1C may continue its upward trend, driven by its strong technical indicators and substantial AUM. However, its crucial to monitor the ETFs price movements in relation to its SMAs and ATR, as well as broader market conditions, to adjust investment strategies accordingly. A potential target price could be €102.00, representing a 2.4% increase from the current price, assuming the bullish trend persists.