Shanghai Composite Daily Analysis — 2026-08-10
Session: Closing
- Close
- 3.966,59
- Change
- 0,67%
- 1W Change
- 4,12%
- 20D Change
- 1,35%
- EMA20
- 3.892,23
- EMA50
- 3.951,36
- EMA200
- 3.954,26
- RSI (14)
- 56,4
- ATR (14)
- 59,02
- Volatility (20D)
- 19,72%
- Distance from 20D High
- -0,38%
- Advancers
- —
- Decliners
- —
- Volume
- 2.672.203.448
- VIX
- 15,42
- US10Y
- 4,67%
- DXY
- 99,76
The index closed higher with a modest gain, showing resilience after a strong weekly advance. Market breadth remains constructive, though momentum appears moderate.
Market Drivers
The move is supported by sustained buying interest and a positive short-term trend. Sector leadership is broad, with no single catalyst dominating.
Trend Interpretation
Price is trading above key short-term averages but slightly below longer-term averages, indicating a mixed trend structure. Momentum is positive but not overbought.
Risk Factors
Key risks include elevated volatility and a potential pullback if momentum stalls. External factors like global yields and currency movements could weigh on sentiment.
Bullish
In a bullish scenario, the index could extend its advance, reclaiming longer-term averages and attracting further buying. Sustained momentum would confirm a new uptrend.
Neutral
In a neutral scenario, the index may consolidate within a range, with support from short-term averages and resistance near recent highs. Sideways action would allow time for trend signals to align.
Risk
In a risk scenario, a break below key support levels could trigger a correction, with volatility expanding. Weaker breadth and negative external cues would amplify downside pressure.