(QDVK) iShares SP500 Consumer - Ratings and Ratios

The iShares S&P500 Consumer Discretionary Sector UCITS ETF USD (Acc) EUR, traded on XETRA as QDVK, is an exchange-traded fund that tracks a composite index comprising 50% MSCI World Consumer Discretionary NR and 50% MSCI World Consumer Staples NR. This ETF provides diversified exposure to the consumer discretionary sector, primarily focusing on companies in the S&P 500 that are involved in producing or delivering goods and services that are not essential, but rather discretionary.

From a technical standpoint, the ETF is currently trading at €12.99, slightly above its 20-day simple moving average (SMA) of €12.95, indicating a potential bullish trend. The 50-day SMA is at €12.74, further supporting this trend as the price is above this average. However, the 200-day SMA stands at €13.49, suggesting that the ETF is still below its longer-term average, potentially indicating a longer-term bearish or consolidation phase. The Average True Range (ATR) is 0.21, or 1.62% of the current price, indicating moderate volatility. Given the 52-week high and low of €16.00 and €10.71, respectively, the ETF is currently positioned in the lower to middle part of its recent range, suggesting potential for growth if it can break through resistance levels.

Fundamentally, the ETF has assets under management (AUM) of €488.09 million, indicating a reasonable size that can provide liquidity while not being so large as to be unwieldy. The consumer discretionary sector is sensitive to economic cycles, with demand for its products and services typically increasing during economic expansions and decreasing during contractions. Given the current global economic conditions and the potential for economic fluctuations, investors should be cautious.

Forecasting the future performance of QDVK involves analyzing both its technical and fundamental data. Technically, a break above the 200-day SMA of €13.49 could signal a strong bullish trend, potentially driving the price towards its 52-week high of €16.00. Fundamentally, if the consumer discretionary sector experiences a resurgence due to economic recovery or changes in consumer behavior, this could positively impact the ETF. Conversely, economic downturns or sector-specific challenges could negatively impact performance. Based on these factors, a potential short-term target could be €14.00, representing a modest increase from current levels, assuming the ETF can overcome resistance around the 200-day SMA. However, this forecast is contingent on broader market conditions and the specific performance of the consumer discretionary sector.