(IQQE) iShares MSCI EM USD EUR - Ratings and Ratios

The iShares MSCI EM UCITS ETF USD (Dist) EUR (XETRA:IQQE) is a UCITS-compliant exchange-traded fund designed to provide exposure to global emerging markets equities. It trades on the XETRA exchange in EUR and is managed by BlackRock. The fund tracks the Morningstar Emerging Markets Target Market Exposure Net Return USD index, which includes large- and mid-cap stocks from emerging markets worldwide.

From a technical perspective, the ETF has an average 20-day trading volume of 22,355 shares, indicating moderate liquidity. As of the latest data, the ETF is priced at €37.63, slightly above its 20-day simple moving average (SMA) of €37.48 but below its 50-day SMA of €39.60 and 200-day SMA of €39.52. This suggests the fund is currently trading in a bearish trend relative to its longer-term averages. The average true range (ATR) of 0.78 reflects relatively low volatility compared to other emerging markets ETFs.

Fundamentally, the ETF has assets under management (AUM) of €4,495.95M, making it a large and well-established fund in its category. Its diversified portfolio includes exposure to key emerging markets such as China, India, Brazil, and South Africa, among others. The fund is suitable for investors seeking long-term growth potential in emerging markets with a focus on broad market representation.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to face headwinds due to its position below key moving averages (50-day and 200-day). The relatively low ATR suggests limited near-term volatility, but the downward trend in the SMA indicators points to potential resistance at higher price levels. The funds price is likely to consolidate within a narrow range of €36 to €39 over the next three months, with limited upside unless broader emerging markets experience a significant turnaround.