(XSXD) Xtrackers SP500 Swap 1D - Ratings and Ratios

The Xtrackers S&P 500 Swap UCITS ETF 1D EUR is a German-originated exchange-traded fund that tracks the Morningstar US Large-Mid NR USD index, providing investors with exposure to a broad range of US large-cap and mid-cap stocks. As a US Large-Cap Blend Equity ETF, it aims to replicate the performance of the underlying index, which comprises a diverse portfolio of prominent US companies.

With an Assets Under Management (AUM) of approximately €10.042 billion, this ETF is a significant player in the market, offering liquidity and diversification benefits to investors. The funds investment strategy is designed to provide a return that is consistent with the Morningstar US Large-Mid NR USD index, making it an attractive option for those seeking broad US equity exposure.

Analyzing the ETFs recent price action, we observe that the last price is €11.47, with short-term, medium-term, and long-term Simple Moving Averages (SMAs) at €11.42, €10.98, and €11.69, respectively. The Average True Range (ATR) is €0.15, indicating a daily price volatility of 1.35%. Given the current SMA20 > SMA50, we can infer a bullish short-term trend. However, the SMA200 is above the current price, suggesting a potential resistance level.

Based on the technical and fundamental data, our forecast suggests that the XSXD ETF may experience a moderate increase in the short term, driven by the bullish trend indicated by the SMA20 and SMA50. However, the proximity to the 52-week high and the resistance level at SMA200 may cap the upside potential. We anticipate a potential price target of €12.50 in the next 6-12 months, assuming the US large-cap and mid-cap stocks continue to perform well. Conversely, a decline below the SMA50 (€10.98) could signal a bearish trend, with a potential support level at the 52-week low (€9.84).