Daily Stock Report
Friday, June 26, 2026 at 08:45 SGT
1. Market Snapshot
All markets open as of Friday 26 June. Key theme: extreme divergence. STI and CSI 300 are at 52W highs while HSI, HK stocks, and crypto are at/near 52W lows. US tech is in a corrective phase (AAPL -6.12%). Fear & Greed at 13/100 — Extreme Fear, trending DOWN. Elevated volume on Chinese indices (CSI 300 4.98x avg) suggests institutional flows into mainland China. Portfolio risk is concentrated in HK and crypto positions — consider reducing exposure or setting wider stops until reversal signals appear.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,218.96 | +0.20% | 66.4 | +98.30% | Bullish |
| S&P 500 (US) | 7,357.49 | -0.01% | 48.4 | +82.60% | Neutral |
| HSI (HK) | 23,076.91 | +0.33% | 21.0 | +1.90% | Bearish |
| Shanghai Comp (CN) | 4,120.28 | +0.11% | 55.8 | +83.50% | Neutral |
| CSI 300 (CN) | 5,020.10 | +0.21% | 56.7 | +99.20% | Neutral |
Clear divergence: Singapore's STI and China's CSI 300 are leading at 52W highs (98.3% and 99.2%), while Hong Kong's HSI is deeply lagging at RSI 21.0 near its 52W low. The S&P 500 sits neutral at RSI 48.4, consolidating after the recent pullback. Chinese A-shares (CSI 300) show massive volume surges (4.98x avg), suggesting institutional accumulation. The Hang Seng is the standout laggard — oversold but still under distribution pressure from ongoing China growth concerns.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 66.07 | -0.23% | 71.5 | +0.60 | +2.78% | +8.03% | +16.27% | +95.90% |
| OCBC | 24.94 | -0.04% | 70.1 | +0.49 | +3.35% | +7.59% | +22.78% | +95.90% |
| UMS | 2.72 | +6.25% | 59.2 | +0.93 | +2.95% | +9.93% | +73.04% | +80.10% |
| Sheng Siong | 3.24 | +0.62% | 73.8 | +0.84 | +2.86% | +4.70% | +20.37% | +97.20% |
| HSTECH | 0.72 | +1.26% | 24.6 | +1.07 | -6.24% | -8.07% | -17.83% | +2.40% |
SG banks extend their run but look stretched: DBS (RSI 71.5) and OCBC (RSI 70.1) are near overbought territory with thin volume (0.60x and 0.49x respectively) — a divergence that suggests the rally lacks conviction at these levels. Both sit at 95.9% of 52W highs with Golden Crosses intact, so the trend is still up, but caution warranted. UMS surged +6.25% on the day — unusual for this stock, possibly M&A or contract news. Sheng Siong (RSI 73.8) is the most overbought on the SGX watchlist, reflecting defensive rotation. HSTECH at RSI 24.6 is deeply oversold and trading near 52W lows — contrarian watch but no reversal signal yet.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $195.74 | -1.64% | 41.1 | +0.86 | -6.28% | -6.88% | +2.73% | +52.00% |
| AAPL | $275.15 | -6.12% | 24.3 | +1.51 | -8.20% | -5.50% | +2.21% | +64.20% |
| TSLA | $375.12 | -0.11% | 43.8 | +0.65 | -7.30% | -7.38% | -10.22% | +41.10% |
| MCHI | $50.78 | -1.26% | 20.6 | +0.98 | -6.14% | -9.61% | -15.64% | +1.30% |
Tech sell-off deepens, AAPL now oversold: AAPL dropped -6.12% on 1.51x average volume (panic selling) with RSI crashing to 24.3 — the most oversold it has been. Despite this, AAPL still holds a Golden Cross (MA20 > MA50) and a 52W position of 64.2%, so the long-term trend isn't broken yet. NVDA (RSI 41.1) sits below both its MA20 and MA50 but holds above MA200 — a potential support level. TSLA is the weakest structurally, sitting below all three MAs with a Death Cross. MCHI tracks the China weakness at RSI 20.6 near 52W lows. S&P 500 at RSI 48.4 is neutral — the index is merely 1.4% below its MA20, suggesting the US market can stabilise if tech finds a floor.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$76.05 | +0.13% | 12.0 | +0.86 | -11.42% | -19.98% | -23.54% | +3.00% |
| Alibaba | HK$95.00 | -4.43% | 9.6 | +1.17 | -15.94% | -23.57% | -34.25% | +1.10% |
Extreme territory — HK market in deep capitulation: This is as oversold as it gets. Alibaba at RSI 9.6 is technically in free-fall territory, -34.25% below its MA200, -25.55% this month alone. BYD at RSI 12.0 is at near-identical extreme. The HSI itself has RSI 21.0 at 1.9% of its 52W range. These are levels where snap rallies historically occur, but also reflect genuine structural concerns about China's growth. Volume on Alibaba spiked (1.17x average), indicating distribution continues. Contrarian positioning here requires patience — catching falling knives is risky. Entry signals would be: a bullish divergence on RSI, volume drying up, or a catalyst (policy support, earnings beat).
6. Crypto (USD)
Fear & Greed: 13/100 - Extreme Fear (down)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $59,700.00 | -2.12% | 35.7 | +1.31 | -5.62% | -15.48% | -21.61% | +1.00% |
| ETH | $1,566.69 | -3.29% | 39.3 | +1.28 | -7.08% | -19.03% | -32.91% | +1.70% |
| DOGE | $0.07 | -1.55% | 18.3 | +1.29 | -10.70% | -21.64% | -29.47% | +0.80% |
Crypto in full capitulation mode: Fear & Greed at 13/100 (Extreme Fear, trending DOWN) is as bearish as sentiment gets — historically this has preceded major bottoms, though timing is unpredictable. BTC at $59,700 is hugging its 52W low with a Death Cross confirmed and trading -21.61% below MA200. DOGE at RSI 18.3 is the most technically washed-out. Volume is elevated (1.28-1.31x) across all three — this is panic/forced selling, not accumulation. BTC's 52W position at 1.0% means we're essentially at the lows of the past year. The silver lining: extreme fear readings have historically been good entry zones for long-term holders. Near-term, wait for RSI to show bullish divergence or a higher-low formation before deploying fresh capital.
7. Currency Corner (SGD Perspective)
SGD weakened slightly overnight: USD/SGD at 1.2968, up +0.34% — the US dollar is strengthening broadly, not a SGD-specific move. For a Singapore-based investor holding US stocks, this means FX headwind: every 1% USD strength against SGD boosts US portfolio returns by roughly 1% in SGD terms, and vice versa. The current USD strength is partially offsetting US stock losses. CNY/SGD at 0.1901 offers no direct hedge for CNY-denominated holdings (CSI 300). If USD strength continues, watch for MAS intervention or policy response, but no signals of that yet at this level.
8. Key Signals
Oversold (RSI < 25)
- Alibaba RSI 9.6
- BYD RSI 12.0
- DOGE RSI 18.3
- MCHI RSI 20.6
- HSI RSI 21.0
- AAPL RSI 24.3
- HSTECH RSI 24.6
Unusual Volume (High)
- Shanghai Comp 4.99x
- CSI 300 4.98x
Near 52W High (>95%)
- CSI 300 99.2%
- STI 98.3%
- Sheng Siong 97.2%
- DBS 95.9%
- DBS 95.9%
- OCBC 95.9%
- OCBC 95.9%
Near 52W Low (<10%)
- DOGE 0.8%
- BTC 1.0%
- Alibaba 1.1%
- MCHI 1.3%
- ETH 1.7%
- HSI 1.9%
- HSTECH 2.4%
- BYD 3.0%
Golden Cross (MA20 > MA50)
- AAPL
- CSI 300
- DBS
- DBS
- OCBC
- OCBC
- S&P 500
- STI
- Sheng Siong
- UMS
Death Cross (MA20 < MA50)
- Alibaba
- BTC
- BYD
- DOGE
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- Shanghai Comp
- TSLA
Aggregate Signal Interpretation
The signal dashboard screams dispersion. On one side: STI, DBS, OCBC, Sheng Siong, and CSI 300 are at/near 52W highs — your SG and China-A positions are working. On the other: 7 tickers are oversold (RSI <25) and 8 are near 52W lows — predominantly HK equities and crypto. This is a market of extremes, not a uniform sell-off. The Golden Cross cluster on SG banks and CSI 300 confirms their uptrends are intact. The Death Cross cluster on crypto and HK stocks confirms their downtrends are entrenched. The unusually high volume on CSI 300 and Shanghai Comp (4.98-4.99x) may signal large institutional rotation into Chinese A-shares. Actionable insight: don't average down into HK/crypto until you see RSI bullish divergence or a confirmed base formation on daily charts. Let the oversold conditions resolve before adding. Conversely, SG positions at 52W highs with thinning volume suggest partial profit-taking may be prudent.
9. Earnings Calendar Alert
No watchlist tickers have earnings releases in the next 14 days (through ~July 10, 2026). Q2 2026 earnings season typically begins in mid-July (banks lead). NVDA's last report was late May. Alibaba reports mid-August. Next key dates to watch: DBS and OCBC typically report in early August for H1 2026 results. July is a relatively quiet earnings window — low event risk for your portfolio in the immediate term, allowing technical factors to drive price action.
10. TL;DR
Key Takeaway
Your portfolio has two distinct realities. SG positions (DBS, OCBC, Sheng Siong, STI) are at or near 52W highs — these trends are intact but showing thinning volume, suggesting the rally is maturing. Consider trailing stops on SG banks. HK positions (Alibaba, BYD) are in deep oversold territory (RSI 9.6-12.0) near 52W lows — do not add until clear reversal signals appear. US tech (AAPL, NVDA, TSLA) is in a corrective phase — AAPL at RSI 24.3 is the most compelling dip if you have a medium-term horizon, but wait for RSI to base before entry. Crypto is in full capitulation (F&G 13) — long-term accumulation zones, but near-term pain may continue. The single most actionable move today: rotate a portion of SG bank profits into dry powder (cash or T-bills) to deploy into HK/US/crypto when the inevitable snap rally materialises. Don't try to catch the falling knife — wait for confirmation.