(EL4X) Deka DAXplus Maximum - Ratings and Ratios

The Deka DAXplus Maximum Dividend UCITS ETF (XETRA: EL4X) is a Germany-focused equity ETF listed on XETRA. It tracks the Morningstar Germany TME NR EUR Index, which is designed to measure the performance of high dividend-yielding stocks in Germany. The ETF aims to provide exposure to German equities with a focus on dividend income and long-term capital appreciation.

From a technical perspective, the ETF is currently trading at 56.57 EUR, with a 20-day average volume of 6,777 shares. The short-term trend indicators show the ETF is above its SMA 20 (55.47) and SMA 50 (53.65), while the SMA 200 (52.57) provides longer-term support. The ATR of 0.55 indicates moderate volatility, suggesting relatively stable price movements.

Fundamentally, the ETF has an AUM of 289.27M EUR, reflecting its popularity among investors seeking dividend-focused exposure to the German market. The fund typically holds a portfolio of 30-50 stocks, with a strong emphasis on sectors known for dividend sustainability, such as financials, utilities, and industrials.

Over the next three months, based on , the ETF is expected to maintain its upward momentum, with potential resistance near the 58 EUR level. The SMA 20 and SMA 50 trending upward suggest continued bullish sentiment. From a perspective, the current macroeconomic environment, with lower interest rates, is favorable for dividend-paying stocks, further supporting the ETFs outlook. Forecasted price range: 55-58 EUR.