Swiss Market Index

updated on 16-FEB-2020

 

In 2019, the SMI was one of the first index around the world to make new all time highs.

An index is always the average of all its components. Therefore it is always interesting to take a so called deep dive into each and every single stock making up an index, focusing on those that are in an uptrend and putting aside those that are either in a downtrend or in a sideways range. 

Let's start with checking where the index itself stands, before looking at its components.

 

Here's the Swiss Market Index weekly chart. 

(click on the chart for full screen viewing)

SMI.jpg

 

The SMI is in a clear uptrend. As the price is currently above the 1.618 Fibonacci  extension level of the early 2015 to early 2019 trading range, that area (10733) becomes support and the next resistance/target in sight lies around 12650. The RSI as well as the MACD are both in a bullish range and reaching an overbought level, i.e. interim pullbacks are likely.

With that in mind, let's have a look at the weekly charts of its components in alphabetic order with their respective resistance and support levels.

(click on any chart for full screen viewing)

ABB (ABB Ltd.) 

Trend: sideways / Resistance: 24 and 27 / Support: 21 and 18

ABB.jpg

ADEN (Adecco)

Trend: sideways / Resistance: 62 and 65.75 / Support: 56.75 and 50-52 area

ADEN.jpg

 


BEAR (Julius Baer)​

Trend: sideways / Resistance: 53.25-54.50 area / Support: 49.50 and 45.75

BAER.jpg

 

CFR (Richemont)​

Trend: sideways / Resistance: 82 and 87.50 / Support: 69.50 and 64

CFR.jpg

 

 

CSGN (Credit Suisse Group)​

Trend: sideways / Resistance: 13.80 and 15 / Support: 12.15 and 11.25

CSGN.jpg

 

GEBN (Geberit)​

Trend: up / Resistance: 550 and 570 / Support: 485 and 465

GEBN.jpg

 

GIVN (Givaudan)​

Trend: up / Resistance: 3780 and 4040 / Support: 3080 and 2975

GIVN.jpg

 

LHN (LafargeHolcim)​

Trend: sideways / Resistance: 52.50-54 area and 56.50 / Support: 47.50 and 45

LHN.jpg

 

LONN (Lonza)​

Trend: up / Resistance: 520 / Support: 388 and 360

LONN.jpg

NESN (Nestle)​

Trend: up / Resistance: 113.20 and 121 / Support: 101 and 88

NESN.jpg

 

NOVN (Novartis)​

Trend: up / Resistance: 100 and 111 / Support: 90 and 85

NOVN.jpg

 

ROG (Roche)​

Trend: up / Resistance: 360 / Support: 320 and 295.75

ROG.jpg

 

SCMN (Swisscom)​

Trend: up / Resistance: 590 / Support: 557 and 530 area

SCMN.jpg

 

SGS (Societe Generale de Surveillance)​

Trend: up / Resistance: 2685 and 3000 / Support: 2550 and 2485

SGS.jpg

 

SIKA (Sika Group)​

Trend: up / Resistance: 201.70 / Support: 167-172 area

SIKA.jpg

 

SLHN (Swiss Life)​

Trend: up / Resistance: 650 / Support: 485

SLHN.jpg

 

 

SREN (Swiss Re)​

Trend: up / Resistance: 133 / Support: 112 and 105-107 area

SREN.jpg

 

UBSG (UBS Group)​

Trend: sideways / Resistance: 13.50 / Support: 11.50-12 area

UBSG.jpg

 

UHR (Swatch Group)​

Trend: down / Resistance: 270 and 288 / Support: 240 and 208

UHR.jpg

 

ZURN (Zurich Insurance)​

Trend: up / Resistance: 495 and 551 / Support: 395 and 365

ZURN.jpg
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