Daily Stock Report

Tuesday, June 23, 2026 at 10:23 SGT
Fear & Greed: 23/100 - Extreme Fear (up)

1. Market Snapshot

All markets open and trading today. Crypto Fear & Greed Index at 23/100 - Extreme Fear.

2. Market Benchmarks

IndexPriceChg%RSI52W%Trend
STI (SG)5,217.29+0.26%64.2+98.20%Neutral
S&P 500 (US)7,472.79-0.37%43.0+90.50%Neutral
HSI (HK)23,676.53-0.39%18.9+5.00%Bearish
Shanghai Comp (CN)4,160.60-0.06%59.1+88.80%Neutral
CSI 300 (CN)5,002.70+1.24%56.2+96.20%Neutral
STI (+0.3%) dominates as the strongest market, near all-time highs with golden cross intact. CSI 300 (+1.3%) shows China momentum but Shanghai has a death cross. HSI is the clear laggard — RSI 20, death cross confirmed, at 7.5% of 52W range. S&P 500 sideways, RSI 43, golden cross holding but volume 38% below average.

3. SGX Stocks (SGD)

NamePriceChg%RSIVolMA20%MA50%MA200%52W%
DBS66.53+0.36%63.1+0.19+4.15%+9.38%+17.40%+98.00%
OCBC25.09+0.36%62.6+0.20+4.65%+8.65%+24.01%+97.50%
UMS2.67-6.64%52.9+0.84+0.53%+9.43%+71.51%+78.10%
Sheng Siong3.22+0.31%72.5+0.16+2.78%+4.24%+20.16%+95.80%
HSTECH0.73-1.88%17.5+0.35-5.45%-6.78%-16.63%+0.00%
SG banks dominate: DBS (+0.5%) and OCBC (+0.6%) both golden cross, near 98-99% of 52W highs, monthly gains +7.3%/+6.9%. Volume is thin (0.17x avg) — low participation at elevated levels. UMS plunged -6.3% today despite golden cross — sharp reversal to monitor. Sheng Siong near 52W highs (RSI 71.8, approaching overbought). HSTECH is the weak spot: RSI 18.3, death cross, at 52W lows. Banks vs tech divergence on SGX is the widest in months.

4. US Stocks (USD)

NamePriceChg%RSIVolMA20%MA50%MA200%52W%
NVDA$208.65-0.97%39.1+0.76-1.23%-0.55%+9.76%+69.40%
AAPL$297.01-0.34%32.0+0.79-1.98%+2.60%+10.62%+82.70%
TSLA$405.05+1.14%42.9+1.01-1.94%+0.34%-2.94%+55.40%
MCHI$52.86+0.17%18.6+0.55-3.46%-6.52%-12.40%+1.60%
US watchlist showing broad weakness. NVDA (-1.0%, RSI 39.1) pulling back from golden cross toward SMA50 at ~$209. AAPL (RSI 32.0) approaching oversold at $297 but golden cross intact, +10.6% above SMA200. TSLA (+1.1%, RSI 42.9) bucked the trend with average volume. MCHI is the standout weak spot: RSI 18.6, death cross, at 1.6% of 52W low, volume 55% of average. S&P 500 golden cross intact but volume 38% below average suggests indecision.

5. HKSE Stocks (HKD)

NamePriceChg%RSIVolMA20%MA50%MA200%52W%
BYDHK$76.85-1.91%9.6+0.33-12.19%-20.21%-23.03%+1.00%
AlibabaHK$101.80-1.07%9.2+0.20-12.26%-18.85%-29.65%+1.20%
HKSE in full bear market. BYD (RSI 9.9) and Alibaba (RSI 9.4) are at extreme oversold — among the lowest RSI readings on the entire watchlist. Both have death crosses, Alibaba -29% below SMA200, BYD -22% below. Monthly losses: BYD -14.4%, Alibaba -18.7%. Volume extremely thin (0.14-0.23x) — washout conditions. Contrarian: extreme oversold + thin volume precedes mean-reversion, but trend is firmly down. Wait for RSI above 30 with volume confirmation.

6. Crypto (USD)

Fear & Greed: 23/100 - Extreme Fear (up)
NamePriceChg%RSIVolMA20%MA50%MA200%52W%
BTC$64,125.70+1.40%60.6+1.13+0.94%-10.70%-16.27%+7.50%
ETH$1,729.17+1.44%62.0+1.27+1.61%-12.63%-26.63%+6.50%
DOGE$0.08-0.20%40.6+1.15-3.97%-16.06%-23.36%+1.70%
Crypto showing tentative bounce: BTC (+1.3%), ETH (+1.4%) but remain in death crosses. BTC -10.8% below SMA50, -16.4% below SMA200. Monthly: BTC -10.2%, ETH -13.8%, DOGE -18.8%. Fear & Greed at 23 (Extreme Fear) ticked up from 20 — marginal improvement. Volume above average (BTC 1.13x, ETH 1.27x) suggests accumulation. DOGE (RSI 40.1) at 1.6% of 52W low. BTC -49% from 52W high, ETH -65%, DOGE -73%. Extreme fear + deep drawdowns historically precede recoveries, but death crosses mean path of least resistance is still down.

7. Currency Corner (SGD Perspective)

USD/SGD
1.29
+0.83%
CNY/SGD
0.19
---
USD/SGD at 1.2931, up +0.84% — SGD weakened vs USD today, a meaningful move suggesting USD strength or SGD profit-taking. For Singapore investors, USD-denominated holdings (US stocks, crypto) get a tailwind when converting back to SGD. CNY/SGD at 0.1904 — stable. If SGD continues weakening, FX drag on US holdings diminishes. Portfolio: slight SGD tailwind for USD positions today.

8. Key Signals

The breadth of oversold signals is striking: HK names, MCHI, HSTECH all below RSI 25. SG banks at 52W highs while HK/China tech at 52W lows — market of extremes. Golden crosses on SG banks vs death crosses on HK/China confirm regional divergence. Volume paradoxically low across most positions — thin volume at extremes often signals exhaustion. Shanghai Comp and CSI 300 show anomalous 5x volume — institutional positioning to watch. Crypto death crosses confirm bear market structure despite FG ticking up. Near-52W-low cluster (BTC, ETH, DOGE, MCHI, BYD, Alibaba, HSTECH) is rare — watch for SMA20 breakout as first reversal signal.

Oversold (RSI < 25)

  • Alibaba RSI 9.2
  • BYD RSI 9.6
  • HSTECH RSI 17.5
  • MCHI RSI 18.6
  • HSI RSI 18.9

Unusual Volume (High)

  • Shanghai Comp 5.00x
  • CSI 300 4.98x

Unusual Volume (Low)

  • Alibaba 0.20x (thin)
  • DBS 0.19x (thin)
  • DBS 0.19x (thin)
  • OCBC 0.20x (thin)
  • OCBC 0.20x (thin)
  • Sheng Siong 0.16x (thin)

Near 52W High (>95%)

  • STI 98.2%
  • DBS 98.0%
  • DBS 98.0%
  • OCBC 97.5%
  • OCBC 97.5%
  • CSI 300 96.2%
  • Sheng Siong 95.8%

Near 52W Low (<10%)

  • HSTECH 0.0%
  • BYD 1.0%
  • Alibaba 1.2%
  • MCHI 1.6%
  • DOGE 1.7%
  • HSI 5.0%
  • ETH 6.5%
  • BTC 7.5%

Golden Cross (MA20 > MA50)

  • AAPL
  • CSI 300
  • DBS
  • DBS
  • NVDA
  • OCBC
  • OCBC
  • S&P 500
  • STI
  • Sheng Siong
  • TSLA
  • UMS

Death Cross (MA20 < MA50)

  • Alibaba
  • BTC
  • BYD
  • DOGE
  • ETH
  • HSI
  • HSTECH
  • MCHI
  • Shanghai Comp

9. Earnings Calendar Alert

Q1 2026 earnings season concluded. No watchlist tickers due to report within next 14 days. Next notable: NVDA (late Aug, Q2 FY26), SG banks (early Aug, H1 results). Quiet period ahead — favourable for positioning rather than reacting.

10. TL;DR

Key Takeaway

The portfolio faces a market of extremes: SG banks (DBS, OCBC) lead near 52W highs with golden crosses, while HK/China names (Alibaba, BYD, MCHI, HSTECH) are deep oversold at 52W lows. US tech (NVDA, AAPL, TSLA) pulling back from highs but structurally above SMA200. Crypto remains in bear market with death crosses; Fear & Greed at 23 suggests exhaustion may be approaching. Recommended: Hold SG banks with tight stops near SMA20. Do not add HK/China/MCHI — wait for RSI above 30 with volume. Crypto — small DCA only if conviction high. The SG strong vs HK weak divergence is the widest in months — potential mean-reversion trade if rotation appears. Primary risk: US softness dragging SG banks lower; primary opportunity: HK/China washout setting up Q3 recovery entry.