Shanghai Composite Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 3,987.89
- Change
- 1.55%
- 1W Change
- 0.54%
- 20D Change
- 5.05%
- EMA20
- 3,913.57
- EMA50
- 3,950.26
- EMA200
- 3,957.44
- RSI (14)
- 58.1
- ATR (14)
- 53.38
- Volatility (20D)
- 14.67%
- Distance from 20D High
- -0.16%
- Advancers
- —
- Decliners
- —
- Volume
- 1,323,142,244
- VIX
- 14.25
- US10Y
- 4.70%
- DXY
- 99.68
The index closed higher with a moderate gain, showing renewed buying interest. Market breadth appears constructive, though volume data is limited.
Market Drivers
The advance is driven by broad-based buying, with sentiment improving amid stable global cues. No specific catalyst is identified from the data.
Trend Interpretation
Price is trading above key short-term and long-term moving averages, indicating a bullish structure. Momentum is positive but not overbought, suggesting room for further upside.
Risk Factors
Key risks include elevated volatility and a slight pullback from recent highs. A rise in global bond yields or a stronger dollar could pressure the index.
Bullish
In a bullish scenario, the index could continue its upward trajectory, supported by positive momentum and a stable global environment. Sustained buying may lead to new highs.
Neutral
In a neutral scenario, the index may consolidate within a range, with buyers and sellers balanced. Volatility could remain moderate, and the index may trade sideways.
Risk
In a risk scenario, a break below key moving averages could trigger a correction. Heightened volatility or adverse global developments might lead to a pullback.