(JPN) Lyxor Japan (Topix) D-EUR - Ratings and Ratios

Lyxor UCITS Japan (Topix) D-EUR (PA:JPN) is a UCITS-compliant exchange-traded fund (ETF) designed for European investors seeking exposure to large-cap Japanese equities. The fund tracks the Morningstar Japan TME NR JPY Index, which focuses on the performance of large-cap companies in Japan. Listed on Euronext Paris, the ETF provides access to the Japanese equity market through a single investment vehicle.

From a technical perspective, the fund exhibits moderate trading activity, with an average daily volume of 1,173 shares over the past 20 days. Its current price of 154.44 EUR is slightly below the 20-day simple moving average (SMA) of 156.30 and further below the 50-day SMA of 162.58. The 200-day SMA stands at 161.39, indicating a recent downtrend. The Average True Range (ATR) of 3.33 reflects moderate volatility in recent trading sessions.

The fund manages assets under management (AUM) of 418.03 million EUR, making it a sizeable investment vehicle in its category. This level of AUM suggests a stable investor base and moderate liquidity for traders.

3-Month Forecast: Based on the current technical setup, the ETF may face headwinds in the near term. The SMA crossover pattern, with the 20-day SMA falling below the 50-day SMA, suggests bearish momentum. Additionally, the funds price is trading below all key SMA levels, indicating potential weakness. From a fundamental perspective, the Japanese equity market may be influenced by macroeconomic factors such as currency fluctuations, monetary policy changes, and corporate earnings trends. Over the next three months, the ETFs performance is likely to remain correlated with broader market sentiment toward Japanese large-cap equities.