(XCS6) Xtrackers MSCI China 1C - Ratings and Ratios

The Xtrackers MSCI China UCITS ETF 1C (XETRA:XCS6) is an exchange-traded fund that tracks the Morningstar China TME NR USD index, providing investors with exposure to the Chinese equity market. As a Germany-originated ETF, it is listed on the XETRA exchange and falls under the China Equity category.

From a technical standpoint, the ETFs price action indicates a relatively stable trend, with the short-term Simple Moving Average (SMA20) at 15.61 and the long-term SMA200 at 14.99. The current price of 15.52 is slightly below the SMA20, suggesting a minor pullback. The Average True Range (ATR) of 0.24, representing 1.55% of the current price, indicates moderate volatility. The 52-week high and low range of 17.52 to 11.70 suggests significant price fluctuations over the past year.

Fundamentally, the ETF has a substantial Assets Under Management (AUM) of 1171.06 million EUR, indicating a considerable investor base and liquidity. As the ETF tracks the MSCI China index, it provides diversified exposure to the Chinese equity market, which is expected to continue growing due to Chinas economic expansion.

Based on the technical and fundamental data, a forecast for XCS6 can be made. With the current price below the SMA20 and the ATR indicating moderate volatility, a potential trading range between 15.00 and 16.00 can be expected in the short term. However, considering the long-term growth prospects of the Chinese economy and the ETFs diversified holdings, a gradual upward trend is likely, potentially reaching 17.00 or higher in the next 6-12 months, assuming the AUM continues to grow and the underlying index performs well.

To capitalize on this potential growth, investors may consider accumulating XCS6 during pullbacks, targeting a long-term holding period. It is essential to monitor the ETFs price action, AUM, and the underlying indexs performance to adjust the investment strategy accordingly.