(WELW) Amundi S&P Global Consumer - Ratings and Ratios

The Amundi S&P Global Consumer Staples ESG UCITS ETF DR EUR Acc is an exchange-traded fund listed on XETRA, designed to track a custom index that blends MSCI World Consumer Staples and MSCI World Consumer Discretionary indices, with a 50-50 weighting. This setup suggests a nuanced approach, potentially offering a balanced exposure to both staples and discretionary consumer sectors, albeit with an ESG (Environmental, Social, and Governance) filter that screens out companies with poor ESG practices.

By focusing on consumer goods and services with an ESG lens, this ETF likely targets companies that are not only resilient during various economic cycles but also adhere to certain sustainability and governance standards. The consumer staples sector is generally considered defensive, as it includes essential goods that people continue to buy regardless of the economic situation. The addition of consumer discretionary elements, which can be more sensitive to economic cycles, may introduce a growth component to the ETFs profile.

Analyzing the , the ETFs price is currently at 10.55 EUR, slightly above its 20-day Simple Moving Average (SMA) of 10.43 EUR, indicating a potential short-term uptrend. However, its below both its 50-day SMA (10.61 EUR) and 200-day SMA (10.74 EUR), suggesting a longer-term downtrend. The Average True Range (ATR) is 0.15, or 1.46% of the current price, indicating relatively low volatility. Given these indicators, a cautious approach might be warranted, as the ETF is near its 52-week low (10.00 EUR) and far from its 52-week high (11.30 EUR).

With an Assets Under Management (AUM) of 264.72 million EUR, the ETF has a moderate size, suggesting it is sufficiently liquid for most investors but not so large that it lacks the ability to maneuver or adjust its portfolio. The relatively modest size could also imply potential for growth as more investors become aware of or interested in ESG-compliant consumer sector investments.

Forecasting based on both and , a potential scenario could unfold where the ETF experiences a rebound if it successfully holds above its 52-week low and begins to consistently surpass its SMAs, especially the 50-day and 200-day SMAs. This would require not only technical strength but also positive fundamental drivers, such as increased investor appetite for ESG investments and a stable or improving outlook for the global consumer staples and discretionary sectors. A break above 11.00 EUR could signal a significant uptrend, potentially targeting the 52-week high of 11.30 EUR. Conversely, failure to sustain above key support levels could lead to further declines.