BRIC.SW iShares BRIC 50 UCITS ETF (SIX) up 2.11% on oversold bounce: watch CHF28.00 support 24 Feb 2026
The BRIC.SW stock closed the Swiss session higher after a short-term oversold bounce, finishing at CHF28.01 on 24 Feb 2026 with a +2.11% move as markets closed. Volume surged to 3,235 shares versus an average of 318, signalling active buying into the close. This rebound follows a multi-month pullback from the 52-week high and aligns with a sector that remains under pressure in recent months. We set out clear levels, risks, and a model-based price outlook for iShares BRIC 50 UCITS ETF (BRIC.SW) on SIX
Quick snapshot of BRIC.SW stock and price action
BRIC.SW stock closed at CHF28.01 on SIX with a day range CHF27.43–CHF28.01 and market cap CHF164,522,290.00. The ETF shows a PE of 13.01 and EPS of 2.15, a 50-day average price of CHF27.82 and 200-day CHF25.26, indicating a short-term rebound inside a longer uptrend. One clear stat: relative volume was 10.17x, which supported the oversold bounce during a market-closed session.
Why this oversold bounce matters for BRIC.SW stock
The price moved back above the 50-day average, drawing technical buyers after a pullback to a 12-month low of CHF19.04 earlier in the year. The large jump in trading interest suggests short covering rather than fresh long conviction. For an ETF, this makes BRIC.SW stock a cleaner play on regional sentiment shifts across BRIC constituents, not single-company news.
Valuation, income and BRIC.SW stock fundamentals
Valuation is simple: BRIC.SW stock trades near PE 13.01 with dividend yield around 1.59% and dividend per share CHF0.45. The ETF’s shares outstanding are 5,874,747, and liquidity has improved with average volume 318 now dwarfed by intraday flows. These metrics show modest yield and a reasonable multiple versus Financial Services peers, supporting a measured oversold bounce thesis.
Technical setup, support and risk for BRIC.SW stock
Short-term support sits at CHF28.00 and first resistance at the year high CHF28.74. A failure below CHF27.43 would reopen downside to the 200-day average CHF25.26. Elevated relative volume increases the chance of follow-through, but watch volatility: sector weakness in Financial Services over 1M (-7.44%) can quickly flip sentiment. Given limited ETF-specific technical indicators, traders should size positions carefully.
Meyka AI grade, forecast and BRIC.SW stock price targets
Meyka AI rates BRIC.SW with a score out of 100: 65.26 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects CHF29.44 quarterly and CHF32.60 1-year, implying +5.11% and +16.38% versus the current CHF28.01. Longer-term model outputs show CHF44.33 in 3 years (+58.27%) and CHF56.01 in 5 years (+99.96%). Forecasts are model-based projections and not guarantees.
Sector context and catalysts for BRIC.SW stock outlook
BRIC.SW stock sits against a Financial Services sector that is down -7.44% over 1M and -3.05% over 3M, which keeps macro sensitivity high. Positive catalysts would include improved BRIC equity flows, stronger GDP signals from major constituents, or a risk-on shift in global markets. Negative catalysts include tightening liquidity or renewed stress in regional banks.
Final Thoughts
Key takeaways: BRIC.SW stock closed the Swiss session at CHF28.01 on 24 Feb 2026 after a clear oversold bounce, supported by a 10.17x surge in relative volume and a move above the 50-day average CHF27.82. Our technical view treats CHF28.00 as the immediate support and CHF28.74 as nearby resistance. Meyka AI’s forecast model projects CHF32.60 in 12 months, implying +16.38% upside from today, while the 3-year target CHF44.33 assumes broader BRIC recovery and implies +58.27% upside. The Meyka grade is 65.26 (B, HOLD), reflecting mixed sector dynamics and measured upside. Investors should weigh the ETF’s modest 1.59% yield and current PE 13.01 against macro risk. This is a tactical oversold-bounce setup: consider small, disciplined exposure with stop-loss below CHF27.43 and monitor regional news and flows closely. Meyka AI provides this as AI-powered market analysis; forecasts are model outputs and not investment guarantees.
FAQs
What drove the BRIC.SW stock bounce today?
BRIC.SW stock rose on 24 Feb 2026 due to a short-term oversold rebound, heavy relative volume (3,235 vs avg 318) and a move above the 50-day average. The price action suggests short covering and renewed buying interest rather than new fundamental news.
What is Meyka AI’s 1-year BRIC.SW stock forecast?
Meyka AI’s forecast model projects CHF32.60 in 12 months for BRIC.SW stock, implying +16.38% upside from the current CHF28.01. Forecasts are model-based projections and not guarantees.
What are the key risk levels for BRIC.SW stock?
Immediate support is CHF28.00 and day low CHF27.43; a break below these reopens downside to the 200-day average CHF25.26. Sector weakness and macro shock are the main risks to the ETF.
Does BRIC.SW stock pay dividends and what yield should investors expect?
Yes. BRIC.SW stock shows a dividend per share of CHF0.45 and a yield near 1.59%. Dividend policies for ETFs depend on distributions and underlying holdings; yields can vary with price moves.
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.