(NADA) Amundi MSCI Japan 2 - Ratings and Ratios

The Amundi MSCI Japan UCITS ETF2 is a passively managed exchange-traded fund that tracks the MSCI Japan Net Total Return Index, providing investors with exposure to the large and mid-cap segments of the Japanese equity market, covering approximately 85% of the free float-adjusted market capitalization in Japan.

As a UCITS-compliant ETF listed on XETRA, it offers a diversified portfolio of Japanese stocks, allowing investors to tap into the countrys economy. With a focus on large-cap and mid-cap stocks, this ETF is suitable for investors seeking broad Japanese market exposure.

Analyzing the , we observe that the ETFs last price is 67.34, slightly below its 20-day Simple Moving Average (SMA) of 67.79, indicating a potential short-term downtrend. However, it remains above its 50-day SMA of 66.03 and 200-day SMA of 66.93, suggesting a longer-term uptrend. The Average True Range (ATR) of 0.71, or 1.06%, indicates moderate volatility.

From a fundamental perspective, the ETFs Assets Under Management (AUM) stand at 702.81 billion EUR, demonstrating significant investor interest and a substantial presence in the market.

Combining technical and fundamental insights, we forecast that the Amundi MSCI Japan UCITS ETF2 will continue its longer-term uptrend, driven by the overall performance of the Japanese equity market. However, short-term fluctuations may occur due to market volatility. As the ETFs price is currently near its 20-day SMA, a break above this level could signal a continuation of the uptrend, with potential targets near the 52-week high of 70.24. Conversely, a decline below the 50-day SMA may indicate a correction, with support near the 200-day SMA.