(SXR7) iShares Core MSCI EMU EUR - Ratings and Ratios

The investment objective of the iShares Core MSCI EMU UCITS ETF EUR (Acc) is to replicate the performance of the MSCI EMU Index, aiming to deliver the net total return of the benchmark, less fees and expenses. The fund employs a replication strategy, investing in securities that closely match the composition of the MSCI EMU Index, which tracks large- and mid-cap equities across Eurozone countries. This approach ensures that the funds portfolio aligns as closely as possible with its benchmark, minimizing tracking error.

From a technical perspective, the fund is currently trading at 189.34 EUR, with a 20-day average volume of 6,012 shares. The short-term trend, indicated by the SMA 20 (181.83), suggests recent upward momentum, while the SMA 50 (189.81) and SMA 200 (180.13) signal potential resistance and support levels, respectively. The ATR of 3.87 reflects moderate volatility, providing insight into potential price fluctuations over the next trading sessions.

With an AUM of 2,037.17M EUR, the fund is well-established and benefits from economies of scale, allowing for lower expense ratios compared to smaller funds. This liquidity also ensures tighter bid-ask spreads, making it suitable for both retail and institutional investors seeking Eurozone equity exposure.

3-Month Forecast: Based on and , the fund is expected to trade within a range of 185.00 to 195.00 EUR over the next three months. The SMA 50 and SMA 200 indicate potential support at 189.81 and 180.13, respectively, while resistance may emerge at 192.50. The ATR of 3.87 suggests that price movements will remain moderate, with potential for incremental gains if the broader Eurozone equity market maintains its upward trajectory.