(CSSMI) iShares SMI (CH) - Ratings and Ratios

The iShares SMI® ETF (CH) (SW:CSSMI) is a Switzerland-based exchange-traded fund designed to track the performance of the Morningstar Switzerland TME NR CHF Index. This ETF provides exposure to a diversified portfolio of Swiss equities, focusing on large-cap companies that represent key sectors of the Swiss economy. It is structured as a physical replication fund, holding the underlying securities of the index to minimize tracking error. The fund is denominated in CHF and is listed on the SIX Swiss Exchange.

From a technical perspective, the ETF shows a bullish crossover in short-term momentum, with the last price of 125.22 exceeding the SMA 20 (121.42). However, the SMA 50 (127.86) and SMA 200 (123.91) suggest a potential resistance level at higher price points. The ATR of 2.74 indicates moderate volatility, with average price swings of approximately 2.74 CHF over the past 20 days. The average daily trading volume of 47,036 shares reflects consistent liquidity, making it accessible for both retail and institutional investors.

Fundamentally, the ETF manages a substantial asset base of 2,181.83M CHF, underscoring its popularity among investors seeking Swiss equity exposure. Its size ensures high liquidity and tight bid-ask spreads, reducing transaction costs for traders. The funds focus on large-cap Swiss companies provides stability, as these firms typically exhibit lower volatility compared to smaller-cap counterparts.

3-Month Forecast: Based on , the ETF is likely to face resistance at the SMA 50 level of 127.86. A breakout above this level could push the price toward 130 CHF, while a failure to breach this resistance may lead to a pullback to the SMA 200 support at 123.91. On the downside, a breach of 120 CHF could signal a deeper correction to 115 CHF. From a perspective, the outlook hinges on corporate earnings and macroeconomic trends in Switzerland. Positive earnings surprises or improved economic sentiment could drive upward momentum, while geopolitical risks or inflationary pressures may weigh on performance.