Switzerland Stock Market Index (Swiss Market)

The overall recommendation is Buy based on technical indicators and moving averages. An RSI between 30 and 70 is pretty normal, showing a neutral rating. The MACD line is below the signal line pointing to a bearish trend. The 10-day EMA is above the 20-day EMA which suggests short-term strength. The current price is above the 50-day SMA which is a sign of medium-term strength. The 50-day SMA is above the 200-day SMA, supporting a longer-term positive trend. The ATR is 114.75 which gives a sense of the current price volatility.

Pictet forecasts a 6% upside for the SMI by December 2025, setting a target of 12,350 points. Julius Baer expects the Swiss economy to slow in 2025, lowering its growth forecast to 1.3%. Julius Baer anticipates limited outperformance opportunities for Swiss equities in 2025 due to a more positive global economic outlook and higher long-term interest rates. Swisscanto forecasts an average nominal return of approximately 5% per annum at the index level over the next few years.