Shanghai Composite Daily Analysis — 2026-09-07
Session: ClosingLatest
- Close
- 3,932.97
- Change
- 0.07%
- 1W Change
- -1.34%
- 20D Change
- -0.85%
- EMA20
- 3,932.07
- EMA50
- 3,943.30
- EMA200
- 3,960.83
- RSI (14)
- 50.4
- ATR (14)
- 47.32
- Volatility (20D)
- 12.97%
- Distance from 20D High
- -1.56%
- Advancers
- —
- Decliners
- —
- Volume
- 2,022,105,540
- VIX
- 14.53
- US10Y
- 4.78%
- DXY
- 99.10
The index closed nearly flat, showing a slight positive bias after a week of losses. Momentum is balanced, with the market hovering around its short-term average.
Market Drivers
Trading appears driven by consolidation, as the index holds near key moving averages. A lack of clear directional catalysts suggests investors are awaiting fresh signals.
Trend Interpretation
Price is essentially at the 20-day average, but below the 50-day and 200-day averages, indicating a medium-term downtrend. Short-term momentum is neutral, with RSI in the middle zone.
Risk Factors
The index remains below longer-term averages, and volatility is moderate. A sustained break below recent support could accelerate selling pressure.
Bullish
If the index can reclaim and hold above the medium-term averages, it could signal a trend reversal. Positive momentum would likely attract buyers and extend gains.
Neutral
The index may continue to oscillate within a range, with support and resistance levels capping movement. Low volatility and balanced momentum suggest sideways action.
Risk
A failure to hold above the short-term average could lead to a retest of lower supports. Rising volatility and a weaker risk environment might amplify downside moves.