(HUKX) HSBC FTSE 100 USD - Ratings and Ratios

The HSBC FTSE 100 UCITS ETF USD (HUKX) is a Switzerland-listed exchange-traded fund designed to provide exposure to the performance of the Morningstar UK All Cap Index. This index captures the return of UK equities across various market capitalizations, offering a diversified representation of the UK stock market.

As of the latest data, the ETF has an average trading volume of 3,216 shares over the past 20 days, with a last price of $107.86. Its short-term and long-term moving averages are trending upward, with the 20-day SMA at $105.66, the 50-day SMA at $103.52, and the 200-day SMA at $97.99. The Average True Range (ATR) of 0.87 indicates relatively low volatility in recent trading sessions.

The fund manages assets totaling $514.68 million USD, reflecting its role as a substantial player in tracking UK large-cap equities. Its structure aligns with investors seeking targeted exposure to the UK market through a liquid and cost-efficient ETF vehicle.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to maintain its upward trajectory, supported by the bullish crossover of its short-term and long-term moving averages. The relatively low ATR suggests that price fluctuations will remain moderate. However, potential resistance levels near the 52-week high could cap upside momentum, leading to a sideways consolidation phase if selling pressure emerges.