(XDWL) db x-trackers MSCI World - Ratings and Ratios

The db x-trackers MSCI World UCITS DR1D ETF, traded on XETRA under the ticker symbol XDWL, is a global large-cap blend equity fund that tracks the Morningstar Global TME NR USD index. As a product offered by DWS, a leading global asset manager, this ETF provides investors with diversified exposure to a broad range of large-cap equities across developed markets worldwide.

With its assets under management (AUM) standing at approximately €1.085 billion, the XDWL ETF has established itself as a sizable player in the global ETF market. Its investment objective is to replicate the performance of the underlying index, thereby offering investors a low-cost means of accessing a diversified portfolio of global equities.

Analyzing the technical data, the current price of XDWL is €91.34, closely aligned with its 20-day simple moving average (SMA) of €91.38, indicating a stable short-term trend. The 50-day SMA at €87.86 suggests a longer-term uptrend, as the current price is significantly above this level. The 200-day SMA at €91.89 is just above the current price, indicating a potential resistance level. The average true range (ATR) of 1.02, or 1.11%, suggests moderate volatility. Given these indicators, a potential trading range could be between €90 and €95 in the short term.

Using both technical and fundamental data, a forecast for XDWL could be constructed. Given the current price is near the 200-day SMA and the overall AUM is substantial, indicating investor confidence, a reasonable forecast is that XDWL will continue to trade within a narrow range in the short term, potentially breaking out above €95 if the global equity markets continue to perform well. Conversely, a drop below €90 could signal a correction. Therefore, investors may consider accumulating positions around €90 or lower, with a target near €95 and a stop-loss below €88 to manage risk.

Its worth noting that the XDWL ETFs tracking of the Morningstar Global TME NR USD index means its performance is closely tied to the overall direction of global equities, particularly in developed markets. As such, macroeconomic trends, global economic indicators, and market sentiment will play a significant role in determining the ETFs future performance.