(J1GR) Amundi Index Solutions - Ratings and Ratios

Amundi Index Solutions - Amundi Index MSCI Japan ETF-C EUR (XETRA: J1GR) is a German-domiciled ETF designed to provide exposure to large-cap equities in Japan. It tracks the Morningstar Japan TME NR JPY index, which offers a broad representation of the Japanese equity market. The fund is listed on XETRA under the ticker J1GR and is classified under the Japan Large-Cap Equity category. Additional details about the ETF can be found on Amundis First Eagle website.

From a technical perspective, the ETF currently trades at 270.94 EUR, slightly below its 20-day SMA of 273.69 and 50-day SMA of 273.56, but above its 200-day SMA of 265.06. This indicates a potential bullish trend in the long term, despite short-term pullbacks. The Average True Range (ATR) of 2.86 suggests moderate volatility. The average daily trading volume over the past 20 days is 1001 shares, indicating relatively low liquidity compared to larger ETFs in the same category.

In terms of fundamental data, the ETF has Assets Under Management (AUM) of 165.02 million EUR, which is modest compared to other Japan-focused ETFs but still sufficient to maintain liquidity for retail investors. The funds structure allows it to replicate the performance of its underlying index, making it a cost-effective option for investors seeking exposure to Japanese large-cap equities.

3-month forecast: Based on the technical and fundamental data, the ETF is expected to remain range-bound with support at 265.06 (200-day SMA) and resistance at 273.69 (20-day SMA). If the price breaks above the 20-day SMA, it could test the 50-day SMA at 273.56. Conversely, a drop below the 200-day SMA could signal a bearish trend. The AUM of 165.02 million EUR suggests moderate investor interest, which may stabilize the funds performance in the near term.