(CBUK) iShares MSCI China Tech - Ratings and Ratios

The iShares MSCI China Tech UCITS ETF USD Acc EUR (XETRA: CBUK) is designed to provide exposure to the performance of Chinese technology companies. The fund tracks the Morningstar Global Technology TME NR USD Index, which includes a range of technology-focused firms. As a UCITS-compliant ETF, it adheres to European regulatory standards, ensuring transparency and investor protection.

From a technical standpoint, CBUK has shown moderate trading activity, with an average 20-day volume of 435,195 shares. The funds last price of 4.32 EUR indicates a slight dip below its 20-day moving average of 4.35. The 50-day moving average of 3.99 and 200-day moving average of 3.49 suggest a gradual upward trend in the longer term. The ATR of 0.10 reflects relatively low volatility, indicating stable price movements.

In terms of fundamentals, the fund manages assets worth 196.14 million EUR, demonstrating its scale and investor interest. As a sector-specific ETF, it focuses on technology companies, which are critical drivers of innovation and economic growth in China. The funds passive management style aims to replicate the index performance, making it a cost-effective option for investors seeking exposure to the Chinese technology sector.

3-Month Forecast: Based on the current technical and fundamental data, CBUK is expected to maintain its upward trajectory, supported by the broader growth trends in the technology sector. The 20-day moving average remaining above the 50-day moving average suggests continued strength in the short term. With an ATR of 0.10, volatility is likely to remain subdued, leading to a stable price range. Additionally, the funds AUM growth indicates increasing investor confidence, which may further bolster its performance.