(DBXX) Xtrackers - FTSE 100 Income - Ratings and Ratios

The Xtrackers - FTSE100 Income UCITS ETF (XETRA:DBXX) is an exchange-traded fund that tracks the Morningstar UK All Cap TME NR GBP Index, providing investors with exposure to the UK large-cap equity market. As a UCITS-compliant ETF, it adheres to stringent regulatory standards, ensuring a high level of investor protection.

Managed by DWS, a reputable asset management firm, the ETF is listed on the XETRA exchange, offering a convenient and liquid investment vehicle for investors seeking to gain exposure to the UK equity market. With a focus on income generation, this ETF is likely to appeal to investors seeking regular returns from their investments.

Analyzing the ETFs recent performance, we observe a steady upward trend, with the last price recorded at 10.15. The short-term (SMA20: 9.83) and long-term (SMA50: 9.76, SMA200: 9.69) moving averages indicate a strong bullish momentum. The Average True Range (ATR: 0.17 = 1.71%) suggests moderate volatility, which is relatively contained. Given the current price is near the 52W High (10.41), we can expect some consolidation or a potential pullback.

Combining the technical analysis with fundamental data, we note that the Assets Under Management (AUM: 63.21M EUR) indicate a relatively small but still viable fund size. Considering the ETFs objective to track the Morningstar UK All Cap TME NR GBP Index, which comprises a broad range of UK equities, we can anticipate that the ETFs performance will be closely tied to the overall UK equity market.

Forecasting the ETFs future performance, we can expect a continued upward trend, driven by the underlying indexs performance. However, given the current price proximity to the 52W High and moderate volatility, we may see some short-term consolidation. If the UK equity market continues to perform well, driven by factors such as economic growth and dividend yields, the ETF is likely to benefit, potentially reaching new highs. Conversely, any downturn in the UK equity market may negatively impact the ETFs performance. Based on the current technical and fundamental analysis, a potential price target for the ETF could be around 10.50, representing a 3.5% increase from the current price.