(VJPN) Vanguard FTSE Japan - Ratings and Ratios

The Vanguard FTSE Japan UCITS ETF (XETRA:VJPN) is an investment vehicle that tracks the Morningstar Japan TME NR JPY index, providing exposure to Japans large-cap equity market. With its roots in Germany, this ETF is designed for investors seeking to tap into the Japanese markets potential.

From a technical standpoint, the ETFs price action indicates a potential consolidation phase. The current price of 34.01 is below the 20-day Simple Moving Average (SMA) of 34.40, suggesting a short-term bearish trend. However, the 50-day SMA at 33.35 and 200-day SMA at 33.86 are both below the current price, indicating a longer-term bullish trend. The Average True Range (ATR) of 0.35, representing a 1.04% daily price movement, suggests moderate volatility.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 1445.30 million EUR, indicating a strong investor base and liquidity. As the ETF tracks the Morningstar Japan TME NR JPY index, its performance is closely tied to the Japanese equity market, which is influenced by factors such as the countrys economic growth, corporate earnings, and monetary policy.

Using a combination of technical and fundamental analysis, a forecast for VJPN can be made. Given the ETFs current technical setup and the overall bullish longer-term trend, a potential target price could be the 52-week high of 35.41, representing a 4.1% upside from the current price. However, if the short-term bearish trend persists, a pullback to the 33.35 level (50-day SMA) or even the 33.86 level (200-day SMA) is possible. Fundamental factors, such as Japans economic growth and corporate earnings, will play a crucial role in determining the ETFs performance. If the Japanese economy continues to grow, and corporate earnings remain strong, the ETF is likely to benefit, potentially driving the price towards the 52-week high.