€89.20 close for TMX.AS VanEck AMX UCITS ETF EURONEXT 12 Jan 2026: Oversold bounce insight

TMX.AS stock closed at €89.20 on 12 Jan 2026 on EURONEXT, leaving a setup that fits an oversold-bounce strategy. The VanEck AMX UCITS ETF (TMX.AS) trades below its 50-day average (€90.94) but above its 200-day average (€86.91), a technical mix that can produce quick mean-reversion moves. Volume was light at 444 shares versus an average of 919, so rebounds could be thin and move fast. We outline tactical entry levels, risk controls, and model forecasts for traders and income-minded investors seeking a short-term bounce.

TMX.AS stock: price, technicals and short-term signal

The immediate technical picture for TMX.AS stock shows a close at €89.20, a day range of €88.51–€89.65, and an ATR of €1.14 indicating modest intraday volatility. The ETF sits 1.94% below its 50-day average (€90.94) and 2.63% above its 200-day average (€86.91).

The 3-month performance is -3.43% while YTD is +5.96%, a pattern consistent with short-term weakness inside a longer-term base. Low volume (current 444 vs avg 919) raises the chance of a quick, shallow bounce rather than sustained upside. Traders looking for an oversold bounce should watch for a daily close above €90.94 or a rebound off €86.90–€87.50 as confirmation.

TMX.AS stock: fundamentals, income and valuation

VanEck AMX UCITS ETF is an asset-management ETF tracking the AMX Index; its reported EPS 7.03 and PE 12.69 reflect index-level metrics. The ETF yields 2.89% and pays €2.58 per share in dividends. Market cap is €21,426,643.00 with 240,209 shares outstanding.

Price-to-volume and many traditional company ratios are not fully applicable to ETFs, but the PE 12.69 and dividend yield help frame relative value against the Financial Services sector, where dividend-focused instruments trade with average yields near 2.5%–3.0%.

TMX.AS stock: sector context and market drivers

TMX.AS stock is classified in Financial Services / Asset Management and tracks mid-cap exposure via the AMX Index. The broader Financial Services sector in Europe shows 6M performance of +11.79% and YTD +15.81%, so TMX.AS’s muted 1‑year return (+0.50%) lags peers.

Macro drivers include interest-rate expectations and regional equity flows. A rotation back into European mid-caps could support an oversold bounce. Conversely, sector-wide outflows would cap rebounds, so monitor ETF flows and European macro headlines for confirmation.

TMX.AS stock: liquidity, risks and volatility

Liquidity is a clear short-term risk for TMX.AS stock: volume 444 shares vs avgVolume 919 means wider spreads and slippage on entries or exits. Year high is €95.19 and year low €72.75, so drawdowns can be meaningful during stress.

Other risks include index tracking error, AMX Index composition shifts, and low daily turnover that can amplify moves on modest flows. Use tight position sizing and consider limit orders when trading expected bounce levels.

TMX.AS stock: Meyka AI grade and model forecasts

Meyka AI rates TMX.AS with a score of 72 out of 100 (B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.

Meyka AI’s forecast model projects a 1‑year price of €86.51, a 3‑year price of €83.57, a 5‑year price of €80.78, and a 7‑year price of €77.89. Versus the current €89.20, implied changes are -3.01%, -6.31%, -9.37%, and -12.69% respectively. Forecasts are model-based projections and not guarantees.

TMX.AS stock: tactical oversold-bounce trade setup

For traders using an oversold-bounce strategy, consider a two-part plan: a small-scale entry near €87.00–€87.50 with a stop under €86.50, and a secondary add if price breaks and closes above the 50-day at €90.94. A first profit target is €92.50, with a stretch target at €95.00 near the year high.

Risk controls are essential: keep position sizes limited to account for low liquidity and set strict stop-loss limits. Income investors may prefer holding for the 2.89% yield, using pullbacks to add slowly rather than trade intraday bounces. See the TMX.AS page on Meyka for live updates: Meyka TMX.AS stock page. For official listings and issuer details consult VanEck and Euronext: VanEck and Euronext.

Final Thoughts

Key takeaways on TMX.AS stock: the VanEck AMX UCITS ETF closed €89.20 on 12 Jan 2026 on EURONEXT with a technical profile that supports an oversold-bounce trade. Short-term signals include price below the 50-day average (€90.94) but above the 200-day average (€86.91), modest ATR (€1.14), and light volume (444 vs avg 919). Fundamentals show a PE of 12.69, EPS €7.03, and a 2.89% dividend yield, making the ETF reasonable for income but sensitive to liquidity and index flows. Meyka AI’s model projects €86.51 in one year, implying -3.01% versus current price; longer-horizon projections widen to €77.89 in seven years (−12.69%). These forecasts are model-based and not guarantees. For traders, a tactical bounce entry near €87.00–€87.50 with strict stop-loss below €86.50 and profit targets at €92.50 and €95.00 captures mean reversion while limiting downside. For income investors, gradual accumulation on dips while monitoring flows and sector momentum offers a lower-risk path. Meyka AI, our AI-powered market analysis platform, will monitor TMX.AS for flow-driven moves and update signals in real time.

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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.