SMI Daily Analysis — 2026-08-19
Session: ClosingLatest
- Close
- 14,386.58
- Change
- 0.46%
- 1W Change
- -0.44%
- 20D Change
- 0.49%
- EMA20
- 14,400.95
- EMA50
- 14,195.06
- EMA200
- 13,456.24
- RSI (14)
- 51.3
- ATR (14)
- 131.85
- Volatility (20D)
- 9.37%
- Distance from 20D High
- -1.93%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15.18
- US10Y
- 4.66%
- DXY
- 98.91
The index closed slightly higher, showing a mild recovery after a weekly decline, while maintaining a neutral short-term momentum.
Market Drivers
The move is driven by a modest rebound in risk sentiment, supported by a stable volatility backdrop and a slight improvement in market breadth.
Trend Interpretation
Price is hovering near its short-term average, above the medium-term trend, indicating a consolidative phase within a broader uptrend.
Risk Factors
Key risks include a potential pullback if momentum fails to sustain, and a rise in volatility could trigger a sharper correction.
Bullish
In a bullish scenario, the index could break above recent highs, extending the medium-term uptrend as buying interest strengthens.
Neutral
In a neutral scenario, the index may continue to oscillate within a range, with limited directional conviction until a clear catalyst emerges.
Risk
In a risk scenario, a loss of support could lead to a deeper decline, with the index revisiting lower consolidation levels.