(WELA) Amundi MSCI ACWI SRI PAB - Ratings and Ratios

Amundi MSCI ACWI SRI PAB UCITS ETF DR USD Acc (XETRA:WELA) is a Germany-domiciled exchange-traded fund designed to track the performance of the MSCI ACWI SRI ex Fossil Fuel Index. The fund focuses on large-cap global equities that meet stringent ESG criteria, excluding companies involved in fossil fuels, tobacco, and other controversial industries. It provides exposure to a diversified portfolio of socially responsible investments across developed and emerging markets. The ETF is listed on XETRA and is categorized under Global Large-Cap Blend Equity funds. As of the latest data, the fund has assets under management (AUM) of 80.09M EUR, indicating moderate scale. The average daily trading volume over the past 20 days is 12,298 shares, reflecting limited liquidity compared to larger ETFs in its category.

From a technical perspective, the ETF is currently trading at 12.01 EUR, below its 20-day SMA of 12.71 and 50-day SMA of 12.75. The 200-day SMA stands at 12.17, indicating a recent downtrend. The ATR of 0.14 suggests low volatility. Based on these indicators, the 3-month forecast suggests that the ETF may face resistance near the 12.75 level, with potential downside risk to 11.80 if the current trend continues. Fundamental factors, including global market sentiment and ESG investment trends, will likely influence performance over the period.