iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB:EUR1,196.30) hits ten-month high 27 November 2020

NEWS BITES - ETF

iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB), the 2nd largest Exchange Traded Fund by market cap in the United Kingdom, traded at its 280-day high of EUR1,196.30.

The ETF price has increased EUR12.80 (or 1.1%) from its last trading session of November 26 to close at EUR1,196.30. Compared with the Morgan Stanley Capital International United Kingdom Index [MSCI UNITED KINGDOM] which rose 6.1 points (0.1%) in the day, the relative price increase was 1.0%.

Its MCap is EUR9.7 billion ($11.6 billion).

The volume was 0.2 times the average daily trading of 144,539 units.

IMIBToday1 Day agoWeek agoMonth ago
Price, EUR1,196.31,185.01,153.31,019.9
MSCI UNITED KINGDOM10,645.4610,639.3610,616.699,527.7

THE PAST WEEK [Price up 2.6% to EUR1,183.50]

In the past week the ETF rose on 3 days, fell on 1 day and was untraded on 1 day.

DAYHeadlineClose price [EUR]Price Change %Comment
Nov 26(IMIB:EUR1,183.50) decreases on low volume1,183.5-0.13Steepest Fall
Nov 25(IMIB:EUR1,185.0) in 4th consecutive rise, nears a 13-month high1,1850.79
Nov 24(IMIB:EUR1,175.70) in 3rd consecutive rise, nears a 13-month high1,175.71.9Top Rise
Nov 23(IMIB:EUR1,153.80) increases on weak volume1,153.80.04

SECTION 1

ISHARES FTSE MIB UCITS ETF EUR (DIST) BULLISH SIGNALS

1.1 Technicals:

Uptrend: The ETF rose 1.1% on high volatility today and expanding price range.

+ Rises to Falls: in the past month the number of rises outnumbered falls 16:7 or 2.3:1.

+ The 5.9% discount to 12-month high of EUR1,271.80 against the 52.9% premium to 12-month low of EUR782.50 suggests the ETF continues to push for new highs.

+ The ETF's relative price strength percentile is rising at 73 for 6 months, 80 for 3 months and 92 for 1 month.

+ The present value of EUR1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR1,265, including a capital gain of EUR264 and dividend reinvested of 50c.

+ 5 years Multiplier in EUR = 1.265x

+ Compound Annual Growth Rate (CAGR) in EUR = 4.8%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is $1,179, including a capital gain of $179 and dividend reinvested of 47c.

+ 5 years ago EUR 1 equalled USD 1.2792

+ 5 years Multiplier in USD = 1.179x

+ Compound Annual Growth Rate (CAGR) in USD = 3.4%

1.2 High Performance Indicators:

DescriptionValueRank In Market
Price Change %1.1In Top Quartile
Price/MAP501.1In Top Quartile

SECTION 2

ISHARES FTSE MIB UCITS ETF EUR (DIST) BEARISH SIGNALS

Technicals:

Overbought/Bearish/Resistance Signals:

+ The Relative Strength Index (RSI) of 87.4 has penetrated the overbought line of 70, suggesting the price gain of 6.2% in the last 14 days is unusually high.

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Present Value of EUR1000 invested in the past:

+ The present value of EUR1,000 (PV1000) invested one year ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR1,001, for a capital gain of EUR1.

A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International United Kingdom Index [MSCI UNITED KINGDOM] is shown below:

PV10001-week1-month1-year
IMIB.L1,0371,1731,001
MSCI World1,0191,0711,124
MSCI UNITED KINGDOM1,0031,086870

3.2 Performance Indicator:

DescriptionValueRank In Market
Today's TurnoverEUR305,673 ($364,591)In 2nd Quartile

3.3 The Best 3 weeks in the past quarter [Relative Price Change or RPC]

Mon-FriChange %MSCI UNITED KINGDOM Change %RPC %Vol Ind [1 is avg]
Nov 02-06105.94.11.1
Sep 07-116.342.40.7
Nov 09-134.67.6-30.3

3.4 Trailing 3 months

Turnover$53.7 million
Volume3,774,617
Volume Index (1 is avg)0.4

3.5 Trailing Price Change %

3-Year price change for IMIB was -0.5%. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 25.8% in the 3 years, the relative price change was -26.3%.

Price Change %QuarterYear3 Years
IMIB11.70.1-0.5
MSCI World5.412.825.8

3.6 Year-on-Year Comparison (Trailing year - ended 30 Oct)

In the past 5 years, IMIB has declined 0.4% from 977.39 to 973.85, an average annual compound fall of 0.1%.

202020192018201720162015
Close973.851,195.51,032.91,217.75955.93977.39
% Price Change5.637.9-17.8-6.430.513.5
Avg Daily Volume258,222284,098864,367553,400637,917475,383
VWP1,186.23931.85908.02972.14983.58805.69
Turnover Period1 yr 54 d1 yr 2 mo3 mo6 mo8 mo4 mo
Price Range782.5 - 1,271.8953.4 - 1,215.8992.7 - 1,296.4779.14 - 1,239.55740.71 - 1,035.45776.59 - 1,055.99

In the past 5 years average daily volume has declined 45.7% from 475,383 units to 258,222 units. Turnover period has increased from 4 months to 1 year 54 days. This indicates a larger number of core investors, making a long-term investment safer.

Aggregate Volumes, Prices and Turnover Period:

[Volume Index or VI in brackets; 1 is average]

+ Italy: IMIB.MI 17,527 [VI of 0.2] volume 76.437% of aggregate. Price: EUR13.33.

+ United Kingdom: IMIB.L 5,403 [VI of 0.3] volume 23.563% of aggregate. Price: GBX1,196.30.

+ Aggregate volume: there were 22,930 units of iShares FTSE MIB UCITS ETF EUR (Dist) worth EUR305,673 traded today. The aggregate volume was 0.2 times average trading of 117,000 units.

SECTION 4

RANKING

4.1 Global Rank out of 5,164 ETFs

The present value of $US1,000 invested a year ago is $US1,085, ranking it 1953 out of 5,164 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 88.

DescriptionValueRankQuartile
Net Assets (US$)296.3M1251Top
Rel Strength 6 Mo (US$)88613Top
PV$1000 (1Year) US$*1,0851953Second

* 1 year ago EUR 1 equalled USD 1.101

Nov 27, 2020: EUR 1 equals USD 1.1927

4.2 Rank in the Total United Kingdom ETF Market [out of 377 ETFs]

DescriptionValueRank
Rel Strength 6 Mon (GBP)8749
PV1000-1Year (GBP)1,001141

SECTION 5

PROFILE

5.1 Description

iShares FTSE MIB UCITS ETF EUR (Dist) is an open-end, UCITS compliant exchange traded fund incorporated in Ireland. The Fund tracks the FTSE MIB Index.

5.2 SNAPSHOT

iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB)

ISIN: IE00B1XNH568

Inception DateJuly 06, 2007
Expense Ratio0.3% of average net assets
CategoryItaly Equity
Asset ClassEquity ETF

5.3 IMIB ETF Dashboard [traded in Euro, EUR]

CurrencyEUR 1 = USD 1.19
Nov 27 closeEUR1,196.30
Ave Daily Volume144,539 units
52-Week Range782.50 - 1,271.80
Units Outstanding8,100,000
Market CapEUR9.7 billion [$11.6 billion]

5.4 Management Fees

+ The management fee is 0.35% of total assets

IMIB.L

Source: www.BuySellSignals.com