(C051) Amundi Euro Stoxx Select - Ratings and Ratios

The Amundi Euro Stoxx Select Dividend 30 UCITS ETF Dist (XETRA:C051) is a Eurozone-focused equity ETF that tracks the Morningstar Developed Europe NR EUR Index. It is designed to provide exposure to large-cap companies within the Eurozone, emphasizing dividend-paying stocks. The fund is listed on XETRA and is classified under the Eurozone Large-Cap Equity category. For more information, visit https://first-eagle.amundi.com/.

From a technical perspective, the ETF is currently trading at 37.87 EUR, with a 20-day average volume of 1,244 shares. Its short-term trend, as indicated by the SMA 20, stands at 36.56, while the SMA 50 and SMA 200 are at 35.00 and 33.59, respectively. The ATR of 0.34 reflects relatively low volatility in recent trading sessions.

Fundamentally, the ETF manages an AUM of 64.52 million EUR, indicating moderate scale and liquidity. This size allows for efficient tracking of the underlying index while maintaining accessibility for investors seeking exposure to Eurozone large-cap equities with a focus on dividend-paying companies.

3-Month Forecast: Based on the current technical and fundamental data, the ETF is expected to maintain its upward trajectory in the short term, supported by the bullish crossover of the SMA 20 above the SMA 50 and SMA 200. The low ATR suggests that price fluctuations will remain contained, with potential resistance near the SMA 50 level of 35.00. Fundamentally, the moderate AUM and focus on dividend-paying stocks position the ETF to benefit from stable income-seeking investor demand. Overall, the ETF is projected to trade within a narrow range, with a potential upside target of 38.50 EUR over the next three months.