(EXV7) iShares STOXX Europe 600 - Ratings and Ratios

The iShares STOXX Europe 600 Chemicals UCITS ETF (DE), listed on XETRA under the ticker EXV7, is designed to track the performance of the Morningstar Global Bas Mat TME NR USD index. This ETF focuses on European companies within the chemicals sector, offering exposure to a diverse range of industry leaders. The fund is structured as a UCITS-compliant ETF, adhering to European regulatory standards for transparency and investor protection.

From a technical perspective, the ETF currently trades at 126.12 EUR, with a 20-day average volume of 2,142 shares. The SMA 20 (125.67) indicates recent price stability, while the SMA 50 (121.51) and SMA 200 (124.05) suggest moderate upward momentum over the longer term. The ATR of 1.49 reflects relatively low volatility, signaling manageable risk for investors.

Fundamentally, the ETF manages assets under management (AUM) of 90.82 million EUR, indicating a moderate-sized fund with sufficient liquidity for most investors. The funds focus on the chemicals sector aligns with broader economic trends, as demand for basic materials remains steady amid ongoing industrial activities and supply chain adjustments.

3-Month Forecast: Based on , the ETF is expected to maintain its upward trajectory, with the SMA 20 crossing above the SMA 50, signaling potential bullish momentum. The ATR of 1.49 suggests volatility will remain subdued, supporting a stable price range. From a perspective, the chemicals sector is likely to benefit from consistent demand, positioning the ETF for modest growth over the next quarter.