There were no changes to the suite of DWS models this week, so we’ll look at the Xtrackers MSCI Europe Hedged Equity ETF (DBEU). After a quiet third quarter, DBEU has rallied since then to give two consecutive buy signals and notch a few new all-time highs. While emerging market equities have been red hot over the last few months, developed markets, including Europe, have been the most consistent places to be in the international equity space. Speaking of consistency, DBEU has been in a positive trend since November 2022. For those looking for exposure, DBEU is actionable at current levels with a weekly overbought/oversold reading of 50%. From here, support is offered at $46.50.

The table below is a review of important technical data on a select group of DWS Xtrackers ETFs. Significant changes within the past week are highlighted in Green if positive or Red if negative. This portfolio is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.

The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

* - Dates prior to 9/6/2016, which is when the Xtrackers Global Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers All World Ex US Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers Developed Intl Equity Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.