(DBXX) Xtrackers - FTSE 100 Income - Ratings and Ratios

The Xtrackers - FTSE 100 Income UCITS ETF (DBXX) is a Germany-domiciled exchange-traded fund listed on XETRA. It tracks the Morningstar UK All Cap TME NR GBP Index, focusing on UK large-cap equities with an emphasis on income generation. The fund provides exposure to high-dividend-paying stocks within the UK market, leveraging a replication strategy to closely align with its underlying index.

From a technical perspective, DBXX is currently trading at 10.13 EUR, slightly below its 20-day simple moving average (SMA) of 10.17. The 50-day SMA stands at 9.89, while the 200-day SMA is at 9.62, indicating a bearish trend over the medium to long term. The Average True Range (ATR) of 0.08 reflects low volatility, suggesting stable price movements. The average 20-day trading volume is 9,156 shares, indicating moderate liquidity.

As of the latest data, the funds assets under management (AUM) total 63.21 million EUR, reflecting its position as a mid-sized ETF in the UK large-cap equity category. The funds income-focused strategy appeals to investors seeking regular dividends alongside exposure to the UK equity market.

3-Month Forecast: Based on the current technical and fundamental data, DBXX is expected to trade sideways to slightly lower in the next three months. The SMA crossover pattern suggests bearish momentum, with the 20-day SMA below the 50-day SMA. Support levels are likely to be tested near the 200-day SMA of 9.62. The low ATR indicates that price fluctuations will remain muted, with potential downside limited by the funds income generation strategy. Investors should monitor UK macroeconomic indicators and corporate earnings reports for potential catalysts.