ASX 200 Daily Analysis — 2026-08-21
Session: ClosingLatest
- Close
- 9,057.10
- Change
- -0.29%
- 1W Change
- -0.64%
- 20D Change
- 3.25%
- EMA20
- 9,071.41
- EMA50
- 8,962.13
- EMA200
- 8,834.18
- RSI (14)
- 51.6
- ATR (14)
- 70.69
- Volatility (20D)
- 10.38%
- Distance from 20D High
- -2.58%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 16.01
- US10Y
- 4.70%
- DXY
- 98.71
The index closed slightly lower, showing a mild pullback after a recent uptrend. Market sentiment remains cautiously optimistic with a neutral momentum.
Market Drivers
The move is driven by a mix of profit-taking and cautious positioning ahead of key economic data. Global risk sentiment is moderately supportive, but uncertainty persists.
Trend Interpretation
Price is above the medium and long-term moving averages, indicating a broader uptrend. Short-term momentum is neutral, with the index hovering near its short-term average.
Risk Factors
Key risks include a potential rise in volatility and a pullback toward the medium-term average. External factors such as global bond yields and currency movements could add pressure.
Bullish
In a bullish scenario, the index could resume its upward trajectory, supported by sustained buying interest and improving market breadth. A break above recent highs would confirm strength.
Neutral
In a neutral scenario, the index may consolidate within a range, with alternating sessions of gains and losses. Volatility is expected to remain moderate.
Risk
In a risk scenario, the index could decline toward the medium-term average, with increased selling pressure. A deterioration in global sentiment could accelerate the downside.