(LCUA) Amundi MSCI EM Asia ESG CTB - Ratings and Ratios

The Amundi MSCI EM Asia ESG CTB Net Zero Ambition ETF EUR is an exchange-traded fund (ETF) listed on the XETRA exchange with the ticker symbol LCUA. It is designed to track the Morningstar Asia xJpn TME NR USD index, providing investors with exposure to Asia ex-Japan equity markets.

This ETF is categorized under Asia ex-Japan Equity and is domiciled in Germany. As an ESG (Environmental, Social, and Governance) focused fund with a Net Zero Ambition, it aims to invest in companies that meet certain sustainability criteria, aligning with the goal of reducing carbon footprint. The funds investment strategy is geared towards achieving net zero emissions, making it an attractive option for investors seeking to incorporate environmental considerations into their portfolios.

With Assets Under Management (AUM) of 148.15M EUR, the fund has a considerable presence in the market. The AUM indicates a moderate level of investor interest and suggests that the fund is viable for individual and institutional investors looking for ESG-compliant investment opportunities in the Asia ex-Japan region.

From a technical analysis perspective, the ETFs price is currently at 11.28 EUR, indicating a positive trend as it is above its SMA20 (10.47), SMA50 (10.65), and SMA200 (10.91) moving averages. The Average True Range (ATR) is 0.25, or 2.24% of the current price, suggesting moderate daily price volatility. The ETF has reached a 52-week high of 11.82 and a low of 9.33, showing its price range over the past year.

Forecasting the ETFs performance involves analyzing both its technical and fundamental data. Given its current price above the various SMAs and its relatively stable ATR, the ETF appears to be in an uptrend. The ESG focus and Net Zero Ambition may attract more investors in the future, potentially driving up demand and, consequently, the price. If the Asia ex-Japan equity market continues to grow and the ESG investing trend persists, the ETF could see further appreciation. A potential target could be the 52-week high of 11.82 EUR, with a possible extension towards 12.50 EUR if the trend continues. However, a drop below the SMA50 could signal a reversal, with support potentially found around the SMA200 at 10.91 EUR.