AAM.SW Anglo American (SIX) CHF33.80 intraday 29 Jan 2026: volume signals upside
AAM.SW stock jumped 17.36% intraday to CHF33.80 on 29 Jan 2026 as volume surged to 14 shares versus an average of 4. The rally pushed the price to the session high and the year high of CHF33.80, making Anglo American plc (AAM.SW) one of today’s top gainers on the SIX, while the Basic Materials sector is slightly down. We look at drivers, technicals, valuation and the Meyka AI outlook for traders watching momentum.
AAM.SW stock intraday performance and key facts
Anglo American plc (AAM.SW) traded between CHF31.96 and CHF33.80 today on the SIX in Switzerland. Market cap stands at CHF36,073,349,536.00 with 1,067,258,862.00 shares outstanding. Volume was 14.00 versus an average volume of 4.00, giving a relative volume of 3.50 and signaling abnormal interest.
AAM.SW stock drivers and news flow
Traders cite stronger commodity sentiment and selective buying in copper and platinum exposures as the likely catalyst for the intraday move. There is no new company press release today, but sector rotation into mining names is evident while the Basic Materials sector shows a 1D move of -0.81%, making Anglo American’s gain notable. See company site for filings and updates: Anglo American plc news.
AAM.SW stock technicals and short-term set-up
Momentum indicators favor buyers: RSI is 65.75 and MACD (1.10) is above its signal (0.94) with a positive histogram 0.16, indicating bullish momentum. Price sits above the 50-day average (CHF29.33) and 200-day average (CHF25.32), supporting trend strength. The ADX at 26.42 shows a strong trend. Traders should watch ATR 1.72 for stop placement and the day low CHF31.96 as first support.
AAM.SW stock fundamentals and valuation
On fundamentals Anglo American reports EPS -1.27 and a trailing PE of -26.61, reflecting a loss position. Key ratios show price/sales 2.15 and price/book 13.01, while net debt to EBITDA reads 7.70, highlighting leverage. Free cash flow yield is 4.42% and dividend yield is near 0.68%. These metrics point to elevated valuation relative to many peers despite strong cash-generation metrics in recent quarters.
Meyka AI rates AAM.SW with a score out of 100 and forecast
Meyka AI rates AAM.SW with a score of 62.90 out of 100 (Grade B, suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a monthly level of CHF33.50, a quarterly level of CHF29.80, and a yearly target of CHF22.98. Forecasts are model-based projections and not guarantees. Internal detail and live signals are on the Meyka platform: Meyka AAM.SW page.
Trading implications for AAM.SW stock
For intraday traders the high of CHF33.80 is the immediate resistance; a clean break and follow-through above CHF34.50 would validate continuation. Short-term swing traders may treat CHF31.96 as support and consider momentum stops given ATR 1.72. Risk factors include commodity price reversals and leverage metrics; hedge positions if the stock reverts sharply toward the 200-day average (CHF25.32).
Final Thoughts
AAM.SW stock is the top gainer on the SIX intraday session at CHF33.80, up 17.36%, supported by thin but high relative volume and positive technicals. Fundamentals remain mixed: EPS -1.27, PE -26.61, free cash flow yield 4.42%, and net debt to EBITDA 7.70. Meyka AI’s forecast model projects a monthly level of CHF33.50 and a yearly level of CHF22.98, implying a near-term change of -0.89% and a 12-month implied downside of -32.03% versus today’s price. Forecasts are model-based projections and not guarantees. Traders should balance momentum exposure with valuation and leverage risks, and use tight risk controls while monitoring company updates and sector flows.
FAQs
What caused the intraday move in AAM.SW stock today?
The intraday rise in AAM.SW stock was driven by higher-than-normal volume, commodity-driven buying in mining names, and technical breakout above the 50-day average. No specific company release was posted during the session.
How does Meyka AI view AAM.SW stock?
Meyka AI rates AAM.SW with a score of 62.90 out of 100 (Grade B, HOLD). The grade weighs benchmark, sector, financial growth and analyst input; it is informational only and not investment advice.
What are the key risks for AAM.SW stock investors?
Key risks include commodity-price volatility, elevated leverage (net debt/EBITDA 7.70), weak earnings (EPS -1.27) and valuation pressure. A reversal in commodity sentiment could quickly remove intraday gains.
What price targets and forecasts exist for AAM.SW stock?
Meyka AI’s forecast model projects CHF33.50 (monthly), CHF29.80 (quarterly) and CHF22.98 (yearly). These are model-based projections and not guarantees; use them with risk controls.
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.
