(EL4Z) Deka MSCI USA - Ratings and Ratios

The Deka MSCI USA UCITS ETF (XETRA: EL4Z) is a Germany-domiciled ETF designed to track the performance of large and mid-cap US equities. It replicates the Morningstar US Large-Mid NR USD Index, offering exposure to a diversified portfolio of US companies. The fund is structured as a UCITS-compliant ETF, making it accessible to European investors seeking US market exposure. The ETF is managed by Deka Investment GmbH, a well-established financial institution in Germany.

From a technical perspective, the ETF is currently trading below its 20-day and 50-day simple moving averages (SMA), which are 55.07 and 54.81, respectively. However, it remains above its 200-day SMA of 50.40, indicating long-term upward momentum despite short-term weakness. The average true range (ATR) of 0.54 reflects relatively low volatility, while the 20-day average volume of 6,967 shares suggests moderate trading activity.

As of the latest data, the ETF has assets under management (AUM) of 331.23 million EUR, demonstrating a significant investor base. This size provides liquidity and ensures the fund can maintain its tracking efficiency relative to the underlying index.

3-Month Forecast: Based on , the ETF is likely to face resistance at its 50-day SMA (54.81) and 20-day SMA (55.07). Support is expected at the 200-day SMA (50.40). The low ATR (0.54) suggests limited price fluctuations, with a potential trading range between 52.00 and 55.00. From a perspective, the US large-cap equity market is expected to remain stable, supported by strong corporate earnings. However, potential headwinds from rising interest rates and geopolitical risks could weigh on valuations. The funds AUM stability indicates sustained investor interest in US equities.