AVAX.SW 21Shares Avalanche ETP volume 18,000 pre-market SIX 24 Feb 2026: watch
We see a clear pre-market volume spike in AVAX.SW stock as trading opens on SIX in Switzerland. The 21Shares Avalanche ETP (AVAX.SW) trades at CHF 1.24 after a -3.46% move and shows volume 18,000.00, far above its 50-day average. This jump puts liquidity and short-term technical levels into focus for traders and portfolio managers watching crypto ETP flows.
Pre-market volume spike on AVAX.SW stock
AVAX.SW stock is trading pre-market on SIX with volume 18,000.00 versus an average volume of 123.00, a relative surge. This single fact drives the volume_spike signal and suggests active rebalancing or order flow into the 21Shares Avalanche ETP ahead of European session open.
Price and technical snapshot for AVAX.SW stock
Price is CHF 1.24 with a one-day change of -0.04 (‑3.46%). Key technicals: RSI 39.44 (near neutral), MACD histogram 0.02, ADX 27.83 indicating a strong trend. The 50-day average sits at CHF 1.77 and the 200-day average at CHF 2.75, which frames resistance and longer-term trend levels.
Fundamentals and sector context
AVAX.SW is an ETP listed on SIX that tracks Avalanche and sits in Financial Services / Asset Management. Market cap is CHF 4,514,364.00 and shares outstanding 3,514,765.00. Compared with the Swiss Financial Services sector, the ETP shows much higher short-term volatility and lower fundamental ratios because typical earnings and book-value metrics do not apply to crypto ETPs.
Meyka AI stock grade and technical indicators
Meyka AI rates AVAX.SW with a score out of 100: 62.66 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, forecasts, and analyst consensus. Technical volume metrics show OBV negative but MFI 10.72 (oversold), supporting the volume_spike alert. Meyka AI is an AI-powered market analysis platform that supplies this grade.
Forecasts, price targets and model outlook
Meyka AI’s forecast model projects a yearly target of CHF 2.63, implying upside from the current CHF 1.24. Short-term price target for tactical traders: CHF 1.60 (near-term resistance). Longer-term model target: CHF 2.63. Forecasts are model-based projections and not guarantees.
Trading strategy and risk considerations
Given the pre-market volume spike, active traders may watch breakouts above CHF 1.35 (Bollinger middle CHF 1.35) or failures back to CHF 1.03 (BB lower). Liquidity is concentrated: high relative volume helps entry and exit but the product remains volatile. Key risks: underlying Avalanche token moves, regulatory news, and low fundamental coverage for crypto ETPs.
Final Thoughts
Key takeaways: AVAX.SW stock shows a sharp pre-market volume spike on SIX with price CHF 1.24 and volume 18,000.00, signaling increased interest and tighter trading ranges. Technicals show neutral-to-oversold momentum with RSI 39.44 and MFI 10.72, while longer-term averages (50-day CHF 1.77, 200-day CHF 2.75) mark resistance. Meyka AI’s forecast model projects CHF 2.63 over the next year, an implied upside of 111.92% versus the current price; these are model-based projections and not guarantees. Traders should pair volume signals with price action: a confirmed break above CHF 1.35 on sustained volume could signal continuation, while failure to hold intraday support increases short-term downside risk. For more market background and Avalanche network updates see CoinDesk and recent coverage at Reuters. Check the Meyka stock page for live data and charts
FAQs
What caused the AVAX.SW stock volume spike pre-market?
The volume spike likely reflects order flow into the 21Shares Avalanche ETP, driven by shifts in Avalanche token activity or investor rebalancing. Volume 18,000.00 versus average 123.00 points to concentrated trades rather than gradual accumulation.
What is Meyka AI’s grade for AVAX.SW and what does it mean?
Meyka AI rates AVAX.SW 62.66 out of 100, Grade B, Suggestion: HOLD. The score uses benchmark, sector, metrics, forecasts and consensus. It is informational and not investment advice.
What is the AVAX.SW stock forecast and implied upside?
Meyka AI’s forecast model projects CHF 2.63 for the year, implying about 111.92% upside from the current CHF 1.24. Forecasts are model-based projections and not guarantees.
How should traders use the current AVAX.SW pre-market signal?
Use the pre-market volume spike as a short-term signal: watch for confirmation above CHF 1.35 on sustained volume before adding exposure. Manage risk with tight stops due to high volatility.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.