(IS3N) iShares Core MSCI Emerging - Ratings and Ratios

The iShares Core MSCI Emerging Markets IMI UCITS ETF (XETRA:IS3N) is a German-based exchange-traded fund that tracks the Morningstar Emerging Markets TME NR USD index, providing investors with broad exposure to emerging markets equities. As a Global Emerging Markets Equity ETF, it offers a diversified portfolio of stocks from rapidly growing economies.

With a substantial Assets Under Management (AUM) of approximately €24.55 billion, this ETF is one of the largest and most liquid in its category, potentially offering tighter bid-ask spreads and lower trading costs for investors. The funds size and diversification can help mitigate some of the risks associated with investing in emerging markets.

From a technical analysis perspective, the ETFs price is currently at €32.60, slightly below its 20-day Simple Moving Average (SMA) of €32.77, indicating a potential short-term bearish trend. However, it is above its 50-day SMA of €31.72, suggesting a longer-term bullish outlook. The 200-day SMA at €32.55 is very close to the current price, indicating a possible support level. The Average True Range (ATR) is €0.41, or 1.27% of the current price, suggesting moderate volatility.

Given the current technical and fundamental data, a potential forecast for IS3N could involve a short-term correction towards the 50-day SMA, followed by a rebound driven by the overall bullish trend in emerging markets equities. If the ETF can break above its 20-day SMA and sustain the momentum, it may target the 52-week high of €34.62. Conversely, a decline below the 200-day SMA could signal a deeper correction towards the 52-week low of €27.98. Investors should closely monitor the ETFs price action and adjust their strategies accordingly.