(QDVE) iShares SP500 USD - Ratings and Ratios

The iShares S&P 500 USD Information Technology Sector UCITS ETF (Ticker: QDVE), listed on XETRA, provides exposure to the technology sector within the S&P 500 universe. It tracks the Morningstar Global Technology TME NR USD Index, which is a rules-based index designed to capture the performance of global technology companies. The ETF is domiciled in Germany and is structured as a UCITS-compliant fund, offering investors a liquid and regulated way to access the technology sector.

From a technical perspective, QDVE is currently trading at 25.63, slightly below its 20-day simple moving average (SMA) of 25.60. The 50-day SMA stands at 28.30, while the 200-day SMA is at 29.77, indicating a recent downtrend in the price action. The Average True Range (ATR) of 1.03 suggests moderate volatility. The average daily trading volume over the past 20 days is 646,510, reflecting decent liquidity for an ETF focused on the technology sector.

Fundamentally, the ETF manages assets under management (AUM) of 6,424.62 million EUR, making it a substantial fund within its category. This scale provides economies of scale for investors and reflects the broader interest in technology sector exposure. The funds composition aligns with the Morningstar index, which includes a diversified portfolio of technology companies.

3-Month Forecast:

Based on current trends, QDVE is likely to face near-term resistance at the 28.30 level (50-day SMA). Support is expected at 25.60 (20-day SMA). The ATR of 1.03 suggests price fluctuations of approximately 4-5% over the next quarter. If the broader technology sector stabilizes, QDVE could recover toward its 200-day SMA of 29.77.

The technology sector is expected to remain a growth driver, supported by increasing demand for digital transformation, AI, and cloud computing. However, macroeconomic factors such as interest rate changes and regulatory developments could impact performance. The funds AUM growth indicates strong investor demand for technology exposure, which may continue to drive inflows.