(EUNN) iShares Core MSCI Japan IMI - Ratings and Ratios

The iShares Core MSCI Japan IMI UCITS ETF USD (Acc) is a Germany-originated ETF that tracks the Morningstar Japan TME NR JPY index, providing investors with exposure to Japans large-cap blend equity market.

This ETF is designed to capture the performance of Japans major companies, offering a diversified portfolio that is likely to be heavily weighted in favor of Japanese equities. As a UCITS-compliant ETF, it adheres to strict regulatory standards, making it accessible to a broad range of investors.

Analyzing the ETFs recent price movements, we can observe that it is currently trading near its 20-day Simple Moving Average (SMA20) of $52.86, indicating a relatively stable short-term trend. The 50-day SMA ($51.16) and 200-day SMA ($51.85) suggest a longer-term uptrend, as the ETFs price is currently above both of these averages. The Average True Range (ATR) of 0.60, or 1.15%, indicates moderate volatility.

With Assets Under Management (AUM) of approximately €3.22 billion, this ETF demonstrates a significant presence in the market, suggesting liquidity and investor interest. The funds size and tracking of a well-established index contribute to its appeal as a investment vehicle.

Based on the available technical and fundamental data, a forecast for the EUNN ETF can be constructed. Given the current price is near the SMA20 and above the SMA50 and SMA200, and considering the moderate volatility indicated by the ATR, we can anticipate a potential continuation of the uptrend in the short to medium term, assuming no significant changes in market conditions or the underlying index. A potential target could be the 52-week high of $54.27, while a stop-loss could be set around the SMA50 at $51.16 to limit potential losses.