SMI Daily Analysis — 2026-08-31
Session: ClosingLatest
- Close
- 14,286.43
- Change
- -0.79%
- 1W Change
- -1.11%
- 20D Change
- -0.59%
- EMA20
- 14,410.64
- EMA50
- 14,257.65
- EMA200
- 13,525.43
- RSI (14)
- 44.2
- ATR (14)
- 129.92
- Volatility (20D)
- 8.64%
- Distance from 20D High
- -2.61%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 14.92
- US10Y
- 4.76%
- DXY
- 99.42
The index closed lower, extending its recent pullback, with momentum turning cautious.
Market Drivers
The move is driven by a softer risk tone and a firmer dollar, while volatility remains contained.
Trend Interpretation
Price is hovering around its medium-term average, but below the short-term average, suggesting a consolidation phase with a slight bearish tilt.
Risk Factors
Key risks include a potential break below the medium-term support, which could accelerate selling, and a rise in volatility.
Bullish
In a bullish scenario, the index would reclaim the short-term average and hold above the medium-term average, restoring upward momentum.
Neutral
In a neutral scenario, the index would continue to oscillate between the short-term and medium-term averages, with no clear directional bias.
Risk
In a risk scenario, a sustained break below the medium-term average could lead to a deeper correction toward the long-term trend area.