SMI Daily Analysis — 2026-08-17
Session: ClosingLatest
- Close
- 14,302.39
- Change
- -0.61%
- 1W Change
- -2.26%
- 20D Change
- 0.34%
- EMA20
- 14,411.05
- EMA50
- 14,181.79
- EMA200
- 13,444.18
- RSI (14)
- 46.7
- ATR (14)
- 137.43
- Volatility (20D)
- 9.30%
- Distance from 20D High
- -2.50%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.95
- US10Y
- 4.70%
- DXY
- 99.52
The index closed lower, extending a weekly decline, though it remains above its longer-term trend averages.
Market Drivers
The move reflects a cautious tone amid elevated volatility and a softer risk appetite, with no single sector leading decisively.
Trend Interpretation
Price is hovering near its medium-term average but below the short-term average, suggesting a consolidation phase with a slight downward bias.
Risk Factors
Key risks include a potential break below the medium-term support, which could accelerate selling, and a rise in volatility.
Bullish
A bullish scenario would see the index reclaim its short-term average and hold above the medium-term average, signaling a resumption of the uptrend.
Neutral
A neutral scenario involves continued sideways movement between the short-term and medium-term averages, with low directional conviction.
Risk
In a risk scenario, a sustained move below the medium-term average could trigger further downside, with the longer-term average as the next reference.