CHF123.94 (+3.80%) pre-market: TNOD.SW Lyxor STOXX Europe 600 Tech ETF on SIX, 5.10x rel vol
TNOD.SW stock is trading at CHF123.94, up 3.80% in pre-market trade on SIX after opening at CHF123.94. Volume is 153 against an average of 30, giving a relative volume of 5.10, which flags this ETF as a high-volume mover early in the session. The Lyxor Index Fund – Lyxor STOXX Europe 600 Technology UCITS ETF tracks the STOXX Europe 600 Technology Net Total Return index and is showing short-term strength versus its 50-day average of CHF115.53 and 200-day average of CHF102.77.
Price action and high-volume signal for TNOD.SW stock
TNOD.SW stock opened at CHF123.94 and is up 4.54 points from the previous close of CHF119.40. The intraday range is tight with day low and high both at CHF123.94, reflecting pre-market single-print activity. Volume stands at 153 versus an average volume of 30, producing a 5.10x relative volume. This spike in relative volume is the primary reason the ETF registers as a high-volume mover in our pre-market scan.
ETF profile and index exposure
The Lyxor Index Fund – Lyxor STOXX Europe 600 Technology UCITS ETF (TNOD.SW) aims to replicate the STOXX Europe 600 Technology Net Total Return index, giving investors concentrated exposure to large European technology names. The fund lists on SIX and trades in CHF, with a one-year range between CHF87.28 and CHF124.52, suggesting recent strength in the technology sector. For index detail and methodology see STOXX index page.
Technical context and momentum indicators
Price sits above the 50-day average of CHF115.53 and the 200-day average of CHF102.77, indicating medium- and long-term bullish bias. Short-term momentum shows a 1-month gain of 4.10% and a 3-month gain of 18.15%, supporting the pre-market uptick. Traders should note the ETF’s year high of CHF124.52 as immediate overhead resistance and CHF87.28 as the clear downside reference.
Meyka AI rates TNOD.SW with a score out of 100
Meyka AI rates TNOD.SW with a score out of 100: 66.66 / 100, Grade B, Suggestion HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, industry comparison, financial growth metrics, key metrics, forecasts, analyst consensus, and fundamental growth. The score reflects solid momentum and sector exposure but limited standalone financial metrics because this is an ETF rather than an operating company.
Meyka AI forecast and price targets
Meyka AI’s forecast model projects a 12-month level of CHF133.69, a 3-year level of CHF150.68, and a 5-year level of CHF167.63. Versus the current price of CHF123.94, the 12-month model implies an upside of 7.87%. Forecasts are model-based projections and not guarantees. Given ETF structure, we present conservative, base and bullish 12-month price targets: conservative CHF128.00, base CHF134.00, bullish CHF145.00.
Sector context and trading implications
The Technology sector in Switzerland shows 3-month performance of 3.06% and YTD of 2.51%, indicating modest sector strength that supports TNOD.SW’s move. As an ETF, liquidity and bid/ask spreads matter; relative volume surge can tighten spreads but also increase short-term volatility. For traders focusing on high-volume movers, the combination of price above moving averages and a 5.10x rel vol makes TNOD.SW a watchlist candidate for pre-market setups and intraday rotation trades. For issuer information see the Lyxor/Amundi site and fund facts.
Final Thoughts
TNOD.SW stock is a clear pre-market high-volume mover at CHF123.94, up 3.80%, driven by above-average activity (volume 153, avg 30) and momentum above both the 50-day (CHF115.53) and 200-day (CHF102.77) averages. Meyka AI’s forecast model projects CHF133.69 at 12 months, implying an approximate 7.87% upside versus the current price. Our proprietary grade of 66.66 (B, HOLD) balances sector exposure and ETF mechanics rather than company fundamentals. Traders should watch immediate resistance near the year high CHF124.52 and monitor liquidity as pre-market prints normalize. Use the conservative CHF128.00 and base CHF134.00 12-month targets for position sizing and risk management. Meyka AI, an AI-powered market analysis platform, flags TNOD.SW as a tradeable high-volume name but reminds readers that forecasts are projections and not guarantees.
FAQs
What is driving TNOD.SW stock’s pre-market volume spike?
The pre-market spike reflects a 5.10x relative volume with price at CHF123.94. Likely drivers are index rebalancing flows, sector rotation into technology, or large orders. ETFs often show volume bursts without company news because they aggregate many underlying moves.
What price targets and upside does Meyka AI see for TNOD.SW stock?
Meyka AI’s 12-month model projects CHF133.69 (implied upside 7.87%). We list conservative CHF128.00, base CHF134.00, and bullish CHF145.00 12-month targets. Forecasts are model-based projections and not guarantees.
How should traders use TNOD.SW stock’s Meyka grade?
The Meyka grade 66.66 (B, HOLD) signals balanced risk-reward for ETF holders. Use the grade as one input alongside liquidity, spread, and sector momentum. Grades are informational, not financial advice.
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.