(IS3Q) iShares Edge MSCI World - Ratings and Ratios

The iShares Edge MSCI World Quality Factor UCITS ETF USD (Acc) EUR is an exchange-traded fund listed on the XETRA exchange, providing investors with exposure to a diversified portfolio of high-quality global large-cap stocks. The fund tracks the Morningstar Global TME NR USD index, which comprises companies with strong financials, stable earnings, and low debt.

From a technical analysis perspective, the ETFs price action indicates a potential bullish trend. The short-term Simple Moving Average (SMA20) is above the medium-term SMA50, suggesting a positive momentum. However, the long-term SMA200 is above the current price, indicating a potential resistance level. The Average True Range (ATR) is relatively low, indicating a stable trading environment.

Fundamentally, the ETFs Assets Under Management (AUM) stand at approximately 3.67 billion EUR, demonstrating a significant investor base and liquidity. The underlying index, Morningstar Global TME NR USD, is a well-established benchmark that captures the performance of high-quality companies globally.

Based on the technical and fundamental data, a forecast for the ETF can be made. With the SMA20 and SMA50 indicating a positive trend, and the AUM suggesting a stable investor base, it is likely that the ETF will continue to trade within a narrow range in the short term. However, if the ETF can break above the SMA200, it may signal a stronger bullish trend, potentially driving the price towards the 52-week high of 69.32. Conversely, a decline below the SMA50 may indicate a bearish trend, potentially driving the price towards the 52-week low of 55.02.