(H4Z6) HSBC MSCI China USD EUR - Ratings and Ratios

The HSBC MSCI China UCITS ETF USD (Acc) EUR, traded on XETRA under the ticker symbol H4Z6, is an exchange-traded fund that tracks the Morningstar China TME NR USD Index. This ETF is designed to provide investors with exposure to the Chinese equity market, offering a diversified portfolio that mirrors the performance of its underlying index.

From a technical standpoint, the ETF has demonstrated a positive trend, with its short-term and long-term moving averages indicating a bullish outlook. The current price of 7.18 is above its 20-day, 50-day, and 200-day moving averages, suggesting a strong upward momentum. The Average True Range (ATR) of 0.10, equivalent to 1.34%, indicates a moderate level of volatility, which may present trading opportunities for investors.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 1133.80M EUR, indicating a high level of investor confidence and liquidity. As the ETF tracks the Morningstar China TME NR USD Index, its performance is closely tied to the overall Chinese equity market. Given the current economic trends and the growth prospects of the Chinese market, this ETF may offer attractive investment opportunities.

Based on the technical and fundamental data, a forecast for the HSBC MSCI China UCITS ETF USD (Acc) EUR can be derived. Considering the bullish trend indicated by the moving averages and the moderate volatility, a potential price target for the ETF could be in the range of 7.50-8.00 in the short to medium term, representing a 4-11% increase from the current price. However, investors should be cautious of potential market fluctuations and adjust their strategies accordingly.