(L4K3) Lyxor MSCI China - Acc - Ratings and Ratios

The Lyxor MSCI China UCITS ETF - Acc (XETRA:L4K3) is an exchange-traded fund that tracks the Morningstar China TME NR USD index, providing investors with exposure to the Chinese equity market. As an ETF listed on XETRA, it is subject to German regulations and is accessible to a broad range of investors.

Analyzing the ETFs technical data, the current price of 17.49 is above its 20-day Simple Moving Average (SMA) of 16.76, indicating a short-term uptrend. However, it is below the 50-day SMA of 17.98, suggesting a potential resistance level. The 200-day SMA at 16.50 provides a longer-term bullish signal. The Average True Range (ATR) of 0.46, or 2.62% of the current price, indicates moderate volatility. Considering the 52-week high and low of 19.87 and 13.28, respectively, the ETF is currently 87.8% of the way between its 52-week low and high.

Fundamentally, the ETF has an Assets Under Management (AUM) of 266.97 million EUR, indicating a relatively modest size. This could impact liquidity, although being listed on XETRA helps mitigate this concern to some extent.

By combining technical and fundamental insights, a forecast can be derived. Given the ETFs current position relative to its SMAs and its ATR, a potential trading range could be between 16.50 (200-day SMA) and 19.87 (52-week high). A break above the 50-day SMA (17.98) could signal further upside, potentially towards the 52-week high. Conversely, a drop below the 200-day SMA could indicate a return towards the 52-week low. Therefore, a likely forecast is that the ETF will continue to trade within this range, with a potential bias towards the upside if it can sustainably break above 17.98.