(EXI2) iShares Dow Jones Global - Ratings and Ratios

The iShares Dow Jones Global Titans50 UCITS ETF (DE) is a German-based exchange-traded fund that tracks the Morningstar Global TME NR USD index, providing investors with exposure to a diversified portfolio of global large-cap stocks. With a blend equity investment strategy, this ETF offers a broad representation of the global markets top performers.

Analyzing the ETFs technical data, we observe that the current price of €84.96 is slightly above its 20-day simple moving average (SMA) of €84.10, indicating a potential bullish trend. The 50-day SMA at €79.95 is significantly lower, suggesting a longer-term upward momentum. However, the 200-day SMA at €85.07 is just above the current price, potentially acting as a resistance level. The average true range (ATR) of 1.21, equivalent to 1.43%, indicates moderate volatility. Considering the 52-week high and low of €94.24 and €70.92, respectively, the ETF is currently trading near the lower end of its recent range, presenting a potential buying opportunity.

From a fundamental perspective, the ETFs assets under management (AUM) stand at €1778.00 million, indicating a significant investor base and liquidity. As the fund tracks a global large-cap index, it is likely to be relatively diversified across various sectors and geographies, potentially reducing risk.

Forecasting the ETFs future performance based on both technical and fundamental data, we can anticipate a potential rebound from current levels, driven by the ETFs long-term upward trend and the global large-cap equity markets growth prospects. If the ETF can break through the 200-day SMA resistance at €85.07, it may continue its upward trajectory towards the 52-week high of €94.24. Conversely, failure to breach this resistance level could result in a consolidation phase or a pullback towards the 50-day SMA at €79.95. Investors should closely monitor the ETFs price action and adjust their strategies accordingly.