(L8I7) Lyxor NASDAQ-100 Daily - Ratings and Ratios

The Lyxor UCITS NASDAQ-100 Daily Leverage ETF (XETRA:L8I7) is a German-originated exchange-traded fund that offers leveraged exposure to the NASDAQ-100 Index, a benchmark that tracks the performance of the 100 largest and most liquid non-financial stocks listed on the NASDAQ stock exchange. This ETF is designed for traders seeking to amplify their returns, providing 2 times the daily return of the underlying index.

From a technical analysis perspective, the ETF is currently trading at €1191.40, above its 20-day and 200-day Simple Moving Averages (SMA20 and SMA200) of €1154.81 and €1154.34, respectively, indicating a positive short-term and long-term trend. The 50-day Simple Moving Average (SMA50) is at €1073.28, further supporting the bullish trend. The Average True Range (ATR) is at 2.26%, indicating moderate volatility. Given the current price action and technical indicators, it is likely that the ETF will continue to trend upwards, potentially reaching new 52-week highs.

Fundamentally, the Lyxor UCITS NASDAQ-100 Daily Leverage ETF has Assets Under Management (AUM) of €620.01 million, indicating a reasonable level of liquidity and investor interest. As the ETF is linked to the NASDAQ-100 Index, its performance is closely tied to the technology and growth sectors, which have been exhibiting strong growth trends in recent years. With the ongoing advancements in technology and the increasing dominance of the FAANGs (Facebook, Apple, Amazon, Netflix, and Alphabet), it is likely that the NASDAQ-100 Index will continue to perform well, driving the ETFs returns.

Forecasting the ETFs future performance, we can expect the Lyxor UCITS NASDAQ-100 Daily Leverage ETF to continue to trend upwards, driven by the ongoing growth in the technology and growth sectors. Using a combination of technical and fundamental analysis, we can expect the ETF to potentially reach €1300 in the near term, representing a 9% increase from current levels. However, traders should be cautious of the potential risks associated with leveraged ETFs, including the impact of volatility and the potential for significant losses if the underlying index were to decline.