Shanghai Composite Daily Analysis — 2026-08-28
Session: ClosingLatest
- Close
- 3,953.69
- Change
- -0.07%
- 1W Change
- 1.24%
- 20D Change
- 3.17%
- EMA20
- 3,918.47
- EMA50
- 3,941.33
- EMA200
- 3,959.05
- RSI (14)
- 54.6
- ATR (14)
- 49.52
- Volatility (20D)
- 14.02%
- Distance from 20D High
- -1.01%
- Advancers
- —
- Decliners
- —
- Volume
- 768,988,444
- VIX
- 14.51
- US10Y
- 4.67%
- DXY
- 99.16
The index closed nearly flat, showing a slight negative bias amid moderate volatility. Overall momentum remains mildly positive over the past week and month.
Market Drivers
The market appears to be consolidating after recent gains, with no clear directional catalyst. A stable dollar and low volatility suggest a wait-and-see mood among investors.
Trend Interpretation
Price is hovering around its longer-term moving averages, indicating a balanced trend. Short-term momentum is slightly positive but not yet decisively bullish.
Risk Factors
Key risks include a potential rise in volatility and a stronger dollar, which could pressure emerging markets. Also, the index is slightly below its recent high, suggesting some resistance.
Bullish
In a bullish scenario, the index could break above its recent high, supported by sustained buying interest and improving market breadth. This would confirm a continuation of the uptrend.
Neutral
In a neutral scenario, the index may remain range-bound, oscillating around its moving averages as investors await clearer signals. Volume and volatility could stay subdued.
Risk
In a risk scenario, a spike in volatility or a sharp move in the dollar could trigger a pullback. The index might then test lower support levels, with momentum turning negative.