What moves its price?

The SMI moves on Swiss National Bank interest rate policy, the performance of its large pharmaceutical and consumer components (less cyclical than other sectors), and the Swiss franc — traditionally considered a 'safe haven' currency during periods of global uncertainty.

It's traded through CFDs with a regulated broker, ETFs that track the index (like EWL), or futures.

Swiss Market Index

Indices · SMI

$63.13

-0.6%Change · Last 24h

52-week range

$53.70$65.53

Today's range

$62.85$63.28

Volume

282.5K

Avg. volume

410.4K

Today's open

$62.92

Previous close

$63.49

Tracked via

EWL

MarketClosed now

Converter

SMI

⇅

USD

Price updated at 06:15 AM · refreshes every hour

Links

Methodology Symbol on TradingView

Market closed · September 5

Indices — Swiss Market Index

-0.6%Cloudy

Mild downtrend without much turbulence.

Change: -0.6% · Realized volatility: 0.7% (0.7× typical)

Last 24h path

-0.37%

-0.43%

-0.45%

-0.41%

-0.40%

-0.49%

-0.41%

-0.40%

Now-0.57%

This chart shows the real market price (via TradingView). It may differ from the value shown in "The Weather," which tracks EWL as a proxy.

Market radar

A quick read of the instrument's current state, using data and calculations the rest of the site already relies on — not a multi-year valuation model.

Position in 52-week range

79.7%

Min · $53.70Max · $65.53

Volatility vs. typical

0.7×

LowHigh

Normalized momentum

-0.6

BearishBullish

Price channel · 52 weeks

PriceNear the lowNear the high

Real price line (weekly candles) within the real 52-week range.

Volume vs. price — does the move have backing?

Current position

Classic trading read: a price move with above-average volume is more likely to hold; with low volume, it tends to be more fragile.

How big is today's move?

52-week rangeToday's range

3.6%

Today's range is 3.6% of the full 52-week range.

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Related news

Indices

Fed Rate Speculations Cast a Shadow on Nasdaq and S&P 500's Winning Streak

The Nasdaq and S&P 500 have been enjoying a strong rally recently, but concerns are mounting regarding a significant development related to potential interest rate cuts by the Federal Reserve. This uncertainty could influence investor sentiment and market direction, as traders weigh the implications of monetary policy changes. As the weather in the markets shifts, participants brace for possible turbulence ahead.

12 days ago

About

The SMI (Swiss Market Index) is Switzerland's benchmark stock index, made up of around 20 of the largest and most liquid companies listed on the Swiss Exchange (SIX), weighted by market capitalization. It includes pharmaceutical and consumer goods giants like Nestlé, Roche, and Novartis.

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