(PTPXE) Amundi PEA Japan Topix - Ratings and Ratios

The Amundi ETF PEA Japan Topix UCITS ETF EUR (Ticker: PTPXE) is a French-domiciled exchange-traded fund designed to track the performance of large-cap Japanese equities. It replicates the Morningstar Japan TME NR JPY index, which provides exposure to leading Japanese companies. The ETF is listed on Euronext Paris (Exchange: PA) and is categorized under Japan Large-Cap Equity ETFs.

From a technical standpoint, the ETF exhibits a moderate trading volume, with an average 20-day volume of 12,399 shares. Its last price was recorded at 28.71 EUR. The short-term trend, indicated by the 20-day simple moving average (SMA), stands at 29.32, slightly above the 50-day SMA of 28.93. The 200-day SMA is at 28.04, signaling a potential long-term support level. The Average True Range (ATR) of 0.31 reflects relatively low price volatility.

In terms of fundamental analysis, the ETF has assets under management (AUM) of 78.40 million EUR, indicating a moderate size fund with sufficient liquidity for most investors. This AUM level suggests that the fund can maintain efficiency in tracking its underlying index without excessive tracking error.

3-Month Forecast: Based on the convergence of technical and fundamental data, the ETF is expected to trade within a narrow range. The 20-day SMA crossing below the 50-day SMA suggests potential short-term weakness, with support likely at the 200-day SMA of 28.04. The low ATR of 0.31 indicates that price movements will likely remain subdued, with limited upside or downside breaks. Fundamental stability in the Japanese equity market, combined with moderate AUM, supports a neutral to slightly bearish outlook for the next quarter.