(NQSE) iShares NASDAQ 100 - Ratings and Ratios

The iShares NASDAQ100 UCITS ETF, traded on XETRA under the ticker symbol NQSE, is an exchange-traded fund that tracks the NASDAQ-100 Index, providing investors with exposure to the 100 largest non-financial stocks listed on the NASDAQ stock exchange. This ETF is designed for investors seeking to capitalize on the growth potential of the technology and growth sectors, as the NASDAQ-100 Index is heavily weighted in these areas.

From a technical standpoint, the ETF has shown a recent uptrend, as indicated by its current price of 11.95 being above both its 20-day Simple Moving Average (SMA20) of 11.37 and its 50-day Simple Moving Average (SMA50) of 11.59. The Average True Range (ATR) of 0.36, representing a 3.00% daily price movement, suggests moderate volatility. The ETFs price is below its 200-day Simple Moving Average (SMA200) of 12.08, indicating a potential longer-term downtrend. The 52-week high and low of 13.21 and 10.25, respectively, provide context for the ETFs current valuation, suggesting it is closer to the lower end of its recent price range.

Fundamentally, the ETF has Assets Under Management (AUM) of 346.52 million EUR, indicating a reasonable level of investor interest and liquidity. The size of the AUM can contribute to the ETFs stability and may influence its tracking efficiency.

Forecasting the ETFs future performance involves analyzing both technical and fundamental data. Given the current technical indicators, if the ETF can break through its SMA200 at 12.08, it may signal a reversal of the longer-term downtrend, potentially targeting the 52-week high of 13.21. Conversely, failure to break through this resistance level could result in continued consolidation or a move towards the lower end of its 52-week range. Fundamentally, the NASDAQ-100 Indexs composition and performance will be crucial. If the technology and growth sectors continue to grow, the ETF is likely to benefit. However, any significant downturn in these sectors could negatively impact the ETFs performance. Therefore, a potential forecast is that if the ETF breaks above 12.08 and the NASDAQ-100 Index continues to be supported by the growth of its constituent stocks, the ETF could see a rise towards 13.21. Conversely, failure to break above 12.08 and a downturn in the NASDAQ-100 could see the ETF testing its 52-week low.