(ESGP) Invesco MSCI Pacific ex - Ratings and Ratios

The Invesco MSCI Pacific ex Japan ESG Universal Screened UCITS ETF Acc (XETRA:ESGP) is designed to provide exposure to companies in the Pacific region excluding Japan, adhering to environmental, social, and governance (ESG) criteria. The fund tracks the Morningstar Development Asia Pacific ex Japan Total Return Net AUD Index, which focuses on equities from developed and emerging markets in the Asia Pacific region, excluding Japan. The ETF incorporates a universal screening process, excluding companies involved in controversial weapons, tobacco, and thermal coal. It is listed on XETRA under the ticker symbol ESGP and is classified as a Germany-domiciled ETF in the Pacific ex-Japan Equity category.

As of the latest data, the ETF has an average daily trading volume of 1,243 shares over the past 20 days, with a last price of 37.08 EUR. The funds short-term and long-term moving averages stand at 41.89 (SMA20), 43.80 (SMA50), and 43.22 (SMA200), indicating a recent downtrend relative to its historical averages. The Average True Range (ATR) of 0.57 reflects relatively low volatility in recent trading sessions. The funds assets under management (AUM) are approximately 19.38 million EUR, indicating a modestly sized ETF compared to broader market products.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to face headwinds in the near term. The ETFs price is below its key moving averages (SMA20, SMA50, and SMA200), suggesting bearish momentum. The low ATR indicates limited volatility, which may result in a sideways or gradual downtrend over the next three months. However, the funds ESG focus could attract inflows from investors prioritizing sustainability, potentially offsetting some downside pressure. Overall, the ETF is likely to remain range-bound, with resistance at its SMA20 (41.89) and support near its recent lows.