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.
| IMIB | Today | 1 Day ago | Week ago | Month ago |
| Price, EUR | 1,196.3 | 1,185.0 | 1,153.3 | 1,019.9 |
| MSCI UNITED KINGDOM | 10,645.46 | 10,639.36 | 10,616.69 | 9,527.7 |
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.
| DAY | Headline | Close price [EUR] | Price Change % | Comment |
| Nov 26 | (IMIB:EUR1,183.50) decreases on low volume | 1,183.5 | -0.13 | Steepest Fall |
| Nov 25 | (IMIB:EUR1,185.0) in 4th consecutive rise, nears a 13-month high | 1,185 | 0.79 | |
| Nov 24 | (IMIB:EUR1,175.70) in 3rd consecutive rise, nears a 13-month high | 1,175.7 | 1.9 | Top Rise |
| Nov 23 | (IMIB:EUR1,153.80) increases on weak volume | 1,153.8 | 0.04 |
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:
| Description | Value | Rank In Market |
| Price Change % | 1.1 | In Top Quartile |
| Price/MAP50 | 1.1 | In 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:
| PV1000 | 1-week | 1-month | 1-year |
| IMIB.L | 1,037 | 1,173 | 1,001 |
| MSCI World | 1,019 | 1,071 | 1,124 |
| MSCI UNITED KINGDOM | 1,003 | 1,086 | 870 |
3.2 Performance Indicator:
| Description | Value | Rank In Market |
| Today's Turnover | EUR305,673 ($364,591) | In 2nd Quartile |
3.3 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
| Mon-Fri | Change % | MSCI UNITED KINGDOM Change % | RPC % | Vol Ind [1 is avg] |
| Nov 02-06 | 10 | 5.9 | 4.1 | 1.1 |
| Sep 07-11 | 6.3 | 4 | 2.4 | 0.7 |
| Nov 09-13 | 4.6 | 7.6 | -3 | 0.3 |
3.4 Trailing 3 months
| Turnover | $53.7 million |
| Volume | 3,774,617 |
| 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 % | Quarter | Year | 3 Years |
| IMIB | 11.7 | 0.1 | -0.5 |
| MSCI World | 5.4 | 12.8 | 25.8 |
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%.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
| Close | 973.85 | 1,195.5 | 1,032.9 | 1,217.75 | 955.93 | 977.39 |
| % Price Change | 5.6 | 37.9 | -17.8 | -6.4 | 30.5 | 13.5 |
| Avg Daily Volume | 258,222 | 284,098 | 864,367 | 553,400 | 637,917 | 475,383 |
| VWP | 1,186.23 | 931.85 | 908.02 | 972.14 | 983.58 | 805.69 |
| Turnover Period | 1 yr 54 d | 1 yr 2 mo | 3 mo | 6 mo | 8 mo | 4 mo |
| Price Range | 782.5 - 1,271.8 | 953.4 - 1,215.8 | 992.7 - 1,296.4 | 779.14 - 1,239.55 | 740.71 - 1,035.45 | 776.59 - 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 $US1,085, ranking it 1953 out of 5,164 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 88.
| Description | Value | Rank | Quartile |
| Net Assets (US$) | 296.3M | 1251 | Top |
| Rel Strength 6 Mo (US$) | 88 | 613 | Top |
| PV$1000 (1Year) US$* | 1,085 | 1953 | Second |
* 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]
| Description | Value | Rank |
| Rel Strength 6 Mon (GBP) | 87 | 49 |
| PV1000-1Year (GBP) | 1,001 | 141 |
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 Date | July 06, 2007 |
| Expense Ratio | 0.3% of average net assets |
| Category | Italy Equity |
| Asset Class | Equity ETF |
5.3 IMIB ETF Dashboard [traded in Euro, EUR]
| Currency | EUR 1 = USD 1.19 |
| Nov 27 close | EUR1,196.30 |
| Ave Daily Volume | 144,539 units |
| 52-Week Range | 782.50 - 1,271.80 |
| Units Outstanding | 8,100,000 |
| Market Cap | EUR9.7 billion [$11.6 billion] |
5.4 Management Fees
+ The management fee is 0.35% of total assets
IMIB.L
Source: www.BuySellSignals.com