(ELF0) Deka DAX ex Financials 30 - Ratings and Ratios

Deka DAX ex Financials 30 UCITS (XETRA:ELF0) is a Germany Equity ETF designed to provide exposure to the performance of the German equity market, excluding the financial sector. The fund tracks the Morningstar Germany TME NR EUR Index, which includes a diversified basket of German stocks, offering a representation of the broader market while excluding financial companies. This structure makes it suitable for investors seeking exposure to Germanys economy without the influence of financial institutions.

From a technical perspective, the ETF is currently trading at 33.46 EUR, with a 20-day average volume of 1029 shares. The short-term trend, indicated by the SMA 20 (33.01), suggests a slight upward movement, while the SMA 50 (31.64) and SMA 200 (29.01) reflect a longer-term bullish trajectory. The ATR of 0.45 indicates low volatility, suggesting stable price movements. The funds assets under management (AUM) stand at 24.78M EUR, which is modest compared to larger ETFs, potentially indicating lower trading liquidity but also a more targeted investment focus.

3-Month Forecast: Based on , the ETF is expected to maintain its current range-bound behavior, with potential resistance at 34.50 and support at 32.50. The SMA 20 crossing above the SMA 50 suggests short-term bullish momentum, but the SMA 200 remains below, indicating long-term caution. With an ATR of 0.45, volatility is expected to remain subdued. From a perspective, the modest AUM may lead to limited liquidity, but the exclusion of financials could provide stability amid sector-specific risks. Overall, the ETF is projected to trade in a narrow range, with potential for breakout if volume increases significantly.