SMI Daily Analysis — 2026-08-11
Session: Closing
- Close
- 14.575,25
- Change
- -0,40%
- 1W Change
- 0,78%
- 20D Change
- 2,34%
- EMA20
- 14.417,61
- EMA50
- 14.143,61
- EMA200
- 13.401,98
- RSI (14)
- 62,0
- ATR (14)
- 141,48
- Volatility (20D)
- 8,71%
- Distance from 20D High
- -0,64%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15,28
- US10Y
- 4,68%
- DXY
- 99,82
The index closed slightly lower, showing a mild pullback after a recent upward move. Overall momentum remains positive, with the market holding above key moving averages.
Market Drivers
The move is driven by a mix of profit-taking and cautious sentiment, as volatility remains moderate. No major catalyst is evident from the data.
Trend Interpretation
The index is trading above its short-term and long-term moving averages, indicating a bullish structure. Momentum is positive but showing signs of cooling.
Risk Factors
Key risks include a potential rise in volatility and a pullback toward support levels. External factors like bond yields and currency strength could weigh on sentiment.
Bullish
In a bullish scenario, the index could resume its uptrend, supported by strong momentum and a stable macro backdrop. A break above recent highs would confirm strength.
Neutral
In a neutral scenario, the index may consolidate within a range, with buyers and sellers balanced. Volatility could remain moderate, and the index might hover near current levels.
Risk
In a risk scenario, the index could face a deeper correction if momentum fades and volatility spikes. A drop below key moving averages would signal weakness.