EMDA.SW volume spike at close 02 Jan 2026: traders watch CHF27.70 level
A large volume spike pushed SPDR Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF Acc ( EMDA.SW ) into focus at the SIX close on 02 Jan 2026. The ETF traded at CHF27.70, down CHF0.30 or 1.07% from the prior close, while volume jumped to 1,176 shares versus a 12-share average. In this volume-spike report we connect the intraday flow to technical indicators, fund characteristics and Meyka AI forecasts to clarify near-term range and liquidity implications for Swiss traders.
Intraday volume spike and price move
EMDA.SW closed at CHF27.70 on 02 Jan 2026 after a single-session volume of 1,176 shares, a relative volume of 98.00 compared with an average of 12.00. The ETF opened at CHF27.70 and recorded no intra-day range, with day low and high both CHF27.70. The jump in activity accompanies a modest price pullback of CHF0.30, or 1.07%, from the previous close of CHF28.00, signalling concentrated trading at the close rather than broad selling pressure.
Technical picture after the spike
Technicals show a neutral-to-mildly bearish tilt after the volume surge. RSI is 48.98 and MACD histogram is -0.03, consistent with limited momentum. Bollinger middle band sits at CHF27.76 and ATR is CHF0.09, pointing to low volatility. The fund’s 50-day average is CHF27.72 and the 200-day average is CHF27.32, which keeps the price near both moving averages and within the CHF27.47–28.06 Bollinger band range.
Fund objective, liquidity and structure
The SPDR Bloomberg Emerging Markets Local Bond USD Base CCY Hdg to EUR UCITS ETF Acc aims to track investible local-currency emerging markets bonds. Listed on SIX in Switzerland and quoted in CHF, the fund carries a market capitalisation of CHF1347880615.00 and 48,659,950 shares outstanding. Typical liquidity for this ticker is low — average volume 12.00 shares — so spikes can reflect single large orders, quoting changes or block trading rather than broad retail flows.
Meyka AI grade and model forecast
Meyka AI rates EMDA.SW with a score out of 100: Score: 69.95 | 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 monthly CHF27.88, quarterly CHF28.37 and yearly CHF28.35. Compared with the current CHF27.70 price, the yearly forecast implies an upside of about 2.35%. Forecasts are model-based projections and not guarantees.
Sector context and liquidity risks
EMDA.SW sits in the Financial Services sector and the Asset Management industry where sector 6-month performance is 1.2% and 1-year is 3.67%. The fund’s near-zero operating ratios (PE and PB not applicable) are typical for ETFs tracking fixed-income indices. Low average trading volume increases execution risk; a 98.00 relative volume spike can move price quickly in either direction, so traders should account for wider spreads and limited depth on SIX.
Risks, opportunities and trading strategies
Key risks include concentrated liquidity, currency hedge dynamics and sensitivity to emerging-market rates and FX moves. Opportunities arise if the volume spike reflects institutional accumulation at support near CHF27.70; the fund is trading between its 50-day and 200-day means. Short-term traders may use limit orders and monitor RSI (48.98) and MFI (100.00) for entry signals, while longer-term holders should consider the modest implied upside from Meyka AI forecasts.
Final Thoughts
The close-time volume spike in EMDA.SW on 02 Jan 2026 drew attention because 1,176 shares changed hands versus an average of 12.00, producing a relative volume of 98.00 and a tight price outcome at CHF27.70. Technical indicators are neutral with RSI 48.98 and MACD histogram -0.03; volatility measures such as ATR CHF0.09 remain low. Our Meyka AI grade places EMDA.SW at 69.95 out of 100 with a B and a HOLD suggestion, reflecting sector comparisons, growth metrics and forecasts. Meyka AI’s forecast model projects a yearly target of CHF28.35, implying about 2.35% upside from the current CHF27.70; monthly and quarterly projections are CHF27.88 and CHF28.37 respectively, showing a flat near-term range. Given the fund’s thin average liquidity and concentrated closing trade, we see this event as a liquidity signal more than a fundamental shift; traders should treat execution risk carefully and weigh the small model-implied upside against spread and hedge costs. This analysis is provided by Meyka AI, our AI-powered market analysis platform, and is for informational purposes only.
FAQs
The spike likely reflects one or a few large trades in an ETF with tiny average volume (12.00). With 1,176 shares traded, the move is a liquidity event rather than clear broad-market sentiment, so watch quotes and depth on SIX before trading.
Meyka AI’s forecast model projects monthly CHF27.88, quarterly CHF28.37 and yearly CHF28.35. Against the current CHF27.70 price, the yearly projection implies roughly 2.35% upside. Forecasts are model-based projections and not guarantees.
Use limit orders, smaller lot sizes and confirm quote depth before executing. Low average volume increases spread and execution risk; consider trading during periods of higher market participation or via larger venues if available.
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.
