(EXXT) iShares NASDAQ-100 (DE) - Ratings and Ratios

The iShares NASDAQ-100 UCITS ETF (DE) EUR, traded on XETRA under the ticker symbol EXXT, is a US Large-Cap Growth Equity ETF originating from Germany. It tracks the Morningstar US LM Brd Growth NR USD Index, providing investors with exposure to a broad range of large-cap growth stocks in the US market.

From a technical standpoint, the ETF has demonstrated a bullish trend, with its current price of 185.68 EUR sitting above its 20-day Simple Moving Average (SMA) of 183.78 EUR and 50-day SMA of 172.81 EUR. Although its slightly below its 200-day SMA of 183.82 EUR, the overall upward momentum is maintained. The Average True Range (ATR) stands at 3.19 EUR, or 1.72%, indicating moderate volatility. Given its 52-week high of 206.67 EUR and low of 151.66 EUR, the ETF has shown resilience and potential for growth.

Fundamentally, the ETF boasts an Assets Under Management (AUM) of 4153.84 million EUR, underscoring its significant presence in the market and investor confidence. The tracking of the Morningstar US LM Brd Growth NR USD Index means it is exposed to a diversified portfolio of US large-cap growth stocks, which are typically characterized by their potential for above-average growth.

Forecasting based on the provided technical and fundamental data, its plausible that EXXT will continue its upward trajectory, driven by the overall growth trend in US large-cap stocks. The ETFs position above its 20-day and 50-day SMAs is a bullish indicator. However, the slight dip below its 200-day SMA warrants cautious observation. If the AUM continues to grow and the tracked index performs well, EXXT is likely to see its price appreciate further. A potential target could be a retest of its 52-week high, around 206.67 EUR, assuming the current market conditions and growth trends persist. Conversely, a drop below the 50-day SMA could signal a correction, potentially targeting the 52-week low. Investors should closely monitor the ATR for increasing volatility, which could signal a significant move in either direction.