(NDIA) iShares MSCI India USD - Ratings and Ratios

The iShares MSCI India UCITS ETF USD Acc EUR (AS:NDIA) is an exchange-traded fund managed by BlackRock, designed to track the performance of the Morningstar India Total Market Index (TME) NR USD. This index is a market-capitalization-weighted measure of Indian equity market performance, providing exposure to large-, mid-, and small-cap companies. The fund is listed on the Euronext Amsterdam exchange and is structured as a UCITS-compliant ETF, making it accessible to European investors seeking Indian market exposure.

From a technical perspective, NDIA has shown a price of 8.43 EUR as of the latest close, with a 20-day average volume of 27,901 shares. The funds short-term trend indicators, such as the 20-day moving average (8.16) and 50-day moving average (8.29), suggest recent upward momentum, though the 200-day moving average (9.00) indicates potential resistance at higher levels. The Average True Range (ATR) of 0.10 reflects relatively low volatility, suggesting moderate price fluctuations in recent trading sessions. The funds assets under management (AUM) stand at 5,178.47M EUR, highlighting its popularity among investors seeking Indian equity exposure.

Looking ahead, the next three months for NDIA are likely to be influenced by both technical and fundamental factors. Technically, the funds price is currently below its 200-day moving average, which may act as a resistance level. However, the recent upward crossover of the 20-day and 50-day moving averages suggests potential short-term bullish momentum. On the fundamental side, Indias economic growth, corporate earnings, and geopolitical developments will likely drive performance. With an ATR of 0.10, volatility is expected to remain muted, but macroeconomic factors such as interest rate changes or currency fluctuations could impact returns.