(IQQJ) iShares MSCI Japan Dist - Ratings and Ratios

The iShares MSCI Japan UCITS Dist (XETRA:IQQJ) is an ETF that tracks the Morningstar Japan TME NR JPY index, providing investors with exposure to Japans large-cap blend equity market. As a Germany-originated fund, it is listed on the XETRA exchange.

With Assets Under Management (AUM) of approximately €1.076 billion, the fund has a significant presence in the market. The ETFs investment objective is to replicate the performance of its underlying index, which comprises a diversified portfolio of Japanese large-cap stocks.

From a technical analysis perspective, the ETFs price is currently at €16.33, slightly below its 20-day Simple Moving Average (SMA) of €16.48. However, it is above its 50-day SMA of €15.98, indicating a potential bullish trend. The 200-day SMA is at €16.33, which is the same as the current price, suggesting a stable long-term trend. The Average True Range (ATR) is €0.17, representing a daily volatility of 1.03%. The ETFs price has fluctuated between €14.20 and €17.16 over the past 52 weeks.

Using a combination of technical and fundamental analysis, a forecast for the ETF can be made. Given the current price is at the 200-day SMA and the AUM is substantial, indicating a stable fund with significant investor interest, a neutral to slightly bullish outlook can be expected in the short term. If the ETF can break above the 20-day SMA and maintain a bullish trend, it may target the 52-week high of €17.16. Conversely, a decline below the 50-day SMA could signal a bearish trend, potentially targeting the 52-week low of €14.20.

Investors should monitor the ETFs price action and adjust their strategies accordingly. A break above €16.48 could be a bullish signal, while a drop below €15.98 may indicate a bearish trend. The ATR of 1.03% suggests that the ETFs price can be expected to fluctuate within a relatively narrow range in the short term.