Shanghai Composite Daily Analysis — 2026-08-21
Session: ClosingLatest
- Close
- 3,905.47
- Change
- 0.05%
- 1W Change
- -0.55%
- 20D Change
- 2.39%
- EMA20
- 3,915.53
- EMA50
- 3,945.95
- EMA200
- 3,955.72
- RSI (14)
- 48.3
- ATR (14)
- 52.76
- Volatility (20D)
- 14.91%
- Distance from 20D High
- -2.22%
- Advancers
- —
- Decliners
- —
- Volume
- 3,417,574,136
- VIX
- 16.01
- US10Y
- 4.70%
- DXY
- 98.73
The index closed slightly higher, showing a mild recovery after a weekly decline, while maintaining a modest gain over the past month.
Market Drivers
The move is driven by a cautious tone in global markets, with investors weighing mixed signals from economic data and corporate earnings.
Trend Interpretation
The index is trading below its key moving averages, indicating a short-term downtrend, but momentum is stabilizing as the RSI hovers near neutral.
Risk Factors
Key risks include elevated volatility and a potential pullback if the index fails to reclaim its moving averages.
Bullish
In a bullish scenario, the index could regain its footing above the moving averages, supported by improving market breadth and a pickup in risk appetite.
Neutral
In a neutral scenario, the index may continue to oscillate within a range, with buyers and sellers balanced as volatility remains moderate.
Risk
In a risk scenario, a break below recent support could trigger further downside, especially if global risk sentiment deteriorates.