SMI Daily Analysis — 2026-09-07
Session: ClosingLatest
- Close
- 14,297.69
- Change
- -0.68%
- 1W Change
- 0.08%
- 20D Change
- -2.30%
- EMA20
- 14,389.18
- EMA50
- 14,275.63
- EMA200
- 13,569.40
- RSI (14)
- 44.8
- ATR (14)
- 135.16
- Volatility (20D)
- 7.99%
- Distance from 20D High
- -2.54%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15.30
- US10Y
- 4.78%
- DXY
- 98.88
The index closed lower, extending a short-term pullback, though the broader trend remains constructive.
Market Drivers
The move reflects cautious sentiment amid elevated volatility and a softer risk appetite, with no single dominant catalyst.
Trend Interpretation
Price is hovering near its medium-term average, while the long-term uptrend remains intact; momentum has turned slightly negative.
Risk Factors
Key risks include a break below the medium-term support, rising volatility, and a deteriorating global risk backdrop.
Bullish
In a bullish scenario, the index stabilizes above its medium-term average and resumes its upward trajectory, supported by improving momentum.
Neutral
In a neutral scenario, the index may oscillate within a range, consolidating recent gains while awaiting clearer directional cues.
Risk
In a risk scenario, a sustained move below key support could trigger further downside, with volatility expanding.