(VNRA) Vanguard FTSE North America - Ratings and Ratios

The Vanguard FTSE North America UCITS ETF USD Accumulation (XETRA:VNRA) is an exchange-traded fund that tracks the Morningstar US Large-Mid NR USD index, providing investors with broad exposure to large- and mid-cap US equities. With its domicile in Germany, this ETF is designed to cater to European investors seeking to tap into the US stock market.

As a US Large-Cap Blend Equity ETF, VNRA invests in a diversified portfolio of prominent US companies, offering a stable and relatively low-risk investment opportunity. The funds underlying index comprises a broad range of sectors, including technology, healthcare, finance, and consumer goods, among others.

Analyzing the ETFs recent price action, we observe a bullish trend, with the short-term Simple Moving Average (SMA20) at 130.49 and the medium-term SMA50 at 125.05, both indicating a positive momentum. However, the long-term SMA200 at 132.72 is slightly above the current price, suggesting a potential resistance level. The Average True Range (ATR) of 1.68 (1.28%) implies a moderate level of volatility.

Considering the funds Assets Under Management (AUM) of approximately 3407.02 million EUR, we can infer that VNRA has a significant presence in the market, which can contribute to liquidity and stability. Given the current market conditions and the ETFs characteristics, we forecast that VNRA will continue to trade within a narrow range in the short term, potentially between 128 and 135. However, if the US stock market maintains its upward trajectory, we expect VNRA to break through the 135 level and target the 52-week high of 145.90 in the medium to long term.

Our analysis is based on a combination of technical and fundamental data, taking into account the ETFs price trends, moving averages, and volatility, as well as its underlying index and AUM. By applying a first-principles approach, we have deconstructed the problem to its fundamental truths, providing a clear and actionable forecast for VNRA.