(ELFW) Deka MSCI World - Ratings and Ratios

The Deka MSCI World UCITS ETF (Ticker: ELFW) is a German exchange-traded fund listed on XETRA, designed to track the performance of global large-cap equities. It provides exposure to a diversified portfolio of companies across developed markets worldwide, aligning with the Morningstar Global TME NR USD index. The fund is part of the broader category of global large-cap blend equity ETFs, targeting investors seeking long-term growth through equity investments in established companies.

From a technical perspective, ELFW has shown a price of 32.62 EUR as of the latest close, with a 20-day average volume of 157,059 shares. The short-term trend indicates a potential downtrend, as the 20-day SMA (31.98) is below the 50-day SMA (34.26), while the 200-day SMA (34.89) suggests a longer-term decline. The ATR of 0.82 reflects moderate volatility. On the fundamental side, the ETF manages a substantial AUM of 2.433 billion EUR, underscoring its liquidity and investor confidence.

Over the next three months, based on and , ELFW is expected to face headwinds due to the bearish crossover of its short- and medium-term SMAs. The 20-day SMA falling below the 50-day SMA signals potential weakness, and the 200-day SMA trending downward further supports this outlook. However, the large AUM and moderate ATR suggest the ETF may stabilize near current levels, with limited downside risk. Investors should monitor the 31.98 SMA support level for potential buying opportunities.