(DXSM) Xtrackers Bloomberg - Ratings and Ratios

The Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 1C EUR Hedged is an exchange-traded fund that provides diversified exposure to a broad basket of commodities, excluding agriculture and livestock. As a Germany-originated ETF, it is listed on the XETRA exchange with the ticker symbol DXSM.

By tracking the Bloomberg Commodity ex-Agriculture & Livestock Index, this ETF offers investors a way to gain exposure to a range of commodities, including energy, metals, and other industrial commodities. The funds underlying index is designed to provide a broad representation of the commodity market, minus the agricultural and livestock sectors.

From a technical analysis perspective, the ETFs price action suggests a relatively stable trend. With a current price of 25.74, the ETF is trading above its 20-day simple moving average (SMA) of 25.38, indicating a short-term bullish signal. However, the 50-day SMA at 26.04 is above the current price, suggesting a potential resistance level. The 200-day SMA at 25.09 is below the current price, indicating a longer-term bullish trend. The average true range (ATR) of 0.42, or 1.63%, suggests moderate volatility.

Considering the fundamental data, the ETFs assets under management (AUM) stand at 181.32 million EUR, indicating a relatively modest but still significant investor base. Given the current market conditions and the ETFs underlying index composition, it is likely that the fund will continue to be influenced by global economic trends, particularly those affecting the energy and metals markets.

Forecasting the ETFs future performance based on the available technical and fundamental data, it is possible that the DXSM ETF may experience a short-term pullback towards its 20-day SMA, potentially followed by a continuation of its longer-term uptrend. If the global economy continues to recover and commodity prices remain supported, the ETF may see further gains, potentially pushing the price towards the 52-week high of 27.31. Conversely, a decline in commodity prices or a significant increase in market volatility could lead to a decline in the ETFs price, potentially towards the 52-week low of 23.06.