(PR1E) Amundi Index Solutions - Ratings and Ratios

The Amundi Index Solutions - Amundi Prime Europe UCITS ETF DR (XETRA:PR1E) is a European large-cap equity exchange-traded fund designed to track the performance of the Morningstar DM Eur TME NR EUR Index. This index focuses on large-cap companies across developed European markets, offering exposure to a diversified portfolio of established firms. The ETF is listed on XETRA, providing access to European equity markets for investors seeking broad regional exposure.

From a technical perspective, the ETF is currently trading at €31.29, with a 20-day moving average of €31.04 and a 50-day moving average of €29.91. The 200-day moving average stands at €29.06, indicating a recent upward trend in prices. The average true range (ATR) of 0.24 suggests moderate price volatility. Trading volume has averaged 4,102 shares over the past 20 days, reflecting relatively low liquidity compared to larger ETFs in the European market.

Fundamentally, the ETF manages assets under management (AUM) of €85.54 million, positioning it as a smaller player in the European large-cap ETF space. This size allows for efficient tracking of the underlying index while maintaining a stable NAV. The funds focus on large-cap equities provides exposure to sector leaders, making it a core holding for investors seeking diversified European equity exposure.

Over the next three months, based on the current technical and fundamental data, the ETF is expected to maintain its upward trajectory, supported by the bullish crossover of the SMA 20 above the SMA 50. The ATR of 0.24 indicates that price fluctuations will likely remain contained, suggesting a relatively stable trading range. The AUM of €85.54 million underscores the funds capacity to maintain liquidity and track the underlying index effectively during this period.