Shanghai Composite Daily Analysis — 2026-08-24
Session: ClosingLatest
- Close
- 3,879.03
- Change
- -0.67%
- 1W Change
- -2.60%
- 20D Change
- 0.54%
- EMA20
- 3,912.04
- EMA50
- 3,943.31
- EMA200
- 3,954.88
- RSI (14)
- 45.3
- ATR (14)
- 52.91
- Volatility (20D)
- 14.64%
- Distance from 20D High
- -2.88%
- Advancers
- —
- Decliners
- —
- Volume
- 3,311,230,440
- VIX
- 15.13
- US10Y
- 4.74%
- DXY
- 98.87
The index closed lower with a modest decline, extending its weekly pullback while maintaining a slight positive bias over the past month.
Market Drivers
The move reflects cautious sentiment amid mixed global cues, with investors weighing economic data and corporate earnings.
Trend Interpretation
Price is trading below key short- and medium-term moving averages, indicating a corrective phase within a broader uptrend, with momentum turning slightly bearish.
Risk Factors
Key risks include a potential break below recent support levels, rising volatility, and external market pressures.
Bullish
In a bullish scenario, the index could stabilize and reclaim its moving averages, supported by improving market breadth and a rebound in risk appetite.
Neutral
A neutral scenario sees the index consolidating within a range, with limited directional conviction as buyers and sellers remain balanced.
Risk
In a risk scenario, continued weakness could lead to a deeper correction, with selling pressure intensifying if key support fails.