SMI Daily Analysis — 2026-08-12
Session: ClosingLatest
- Close
- 14,449.47
- Change
- -0.86%
- 1W Change
- -0.70%
- 20D Change
- 0.99%
- EMA20
- 14,420.64
- EMA50
- 14,155.61
- EMA200
- 13,409.81
- RSI (14)
- 54.6
- ATR (14)
- 142.95
- Volatility (20D)
- 9.27%
- Distance from 20D High
- -1.50%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.80
- US10Y
- 4.67%
- DXY
- 99.84
The index closed lower, extending a modest weekly pullback while maintaining a positive medium-term posture.
Market Drivers
The decline appears driven by profit-taking after a recent run-up, with broader risk sentiment slightly cautious.
Trend Interpretation
Price remains above key moving averages, indicating a constructive uptrend, though short-term momentum has cooled.
Risk Factors
Watch for a potential break below the short-term support zone, which could signal a deeper correction.
Bullish
If buying interest resumes, the index could resume its upward trajectory, supported by a healthy technical structure.
Neutral
The index may consolidate within a range, digesting recent gains while volatility stays moderate.
Risk
A sustained decline could lead to a test of lower moving averages, with sentiment turning defensive.