Daily Stock Report
Wednesday, July 15, 2026 at 10:21 SGT
1. Market Snapshot
Wednesday, July 15, 2026 — all markets open and trading (no holidays, no weekends). STI dominates at 5,513 (+0.79%) near all-time highs, driven by DBS/OCBC momentum across SGX banking. S&P 500 edges up (+0.38%) to 7,543 — steady grind higher. HSI flat (+0.16%) at 24,341 — treading water. China benchmarks are the laggard: Shanghai Comp -2.06% and CSI 300 -1.96% with elevated volume, suggesting distribution. Crypto Fear & Greed Index at 25/100 - Extreme Fear (trending up from 22), yet BTC +3.88% and ETH +5.60% — a typical bearish divergence between sentiment and price action.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,532.50 | +1.14% | 83.9 | +99.80% | Bullish |
| S&P 500 (US) | 7,543.59 | +0.38% | 70.3 | +94.60% | Bullish |
| HSI (HK) | 24,643.69 | +1.78% | 67.2 | +38.40% | Bullish |
| Shanghai Comp (CN) | 3,977.26 | +1.62% | 38.1 | +63.70% | Bearish |
| CSI 300 (CN) | 4,816.33 | +0.74% | 42.8 | +99.80% | Neutral |
STI leads all benchmarks with RSI 83.2 near 52W highs (+99.2%), while S&P 500 holds steady at 7,543 (+0.38%) with RSI 70.3. China indexes lag — Shanghai Comp (RSI 32.0, -2.06% today) and CSI 300 (RSI 42.0) are weak despite a Golden Cross on CSI 300. HSI stays tepid at 52W% of +32.9%, showing no conviction. The clear divergence: SG and US at/near highs vs CN/HK struggling to find direction.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 72.76 | +1.01% | 92.7 | +0.30 | +7.54% | +13.31% | +25.39% | +99.90% |
| OCBC | 28.00 | +0.43% | 93.9 | +0.12 | +8.53% | +15.21% | +33.45% | +98.50% |
| UMS | 2.64 | +3.13% | 59.4 | +0.58 | +1.09% | +0.77% | +57.64% | +75.90% |
| Sheng Siong | 3.32 | -0.60% | 62.5 | +0.37 | +1.75% | +5.08% | +19.69% | +94.20% |
| HSTECH | 0.76 | +0.40% | 67.7 | +0.24 | +3.59% | -0.48% | -11.03% | +18.60% |
SGX banking dominates — DBS (RSI 92.4, +7.09% above MA20) and OCBC (RSI 93.9, +15.29% above MA50) are deeply overbought with Golden Crosses intact. Volume is alarmingly low (DBS 0.26x, OCBC 0.10x of average) — the rally is on thinning participation, a classic exhaustion setup. UMS (+1.56%) has a Death Cross but sits +55.27% above MA200 — a long-term uptrend with short-term churn. Sheng Siong (-0.60%) trades quietly with a Golden Cross, near 52W highs (94.2%). HSTECH flat, Death Cross intact, volume near zero at 0.01x — completely dormant. Banking euphoria vs tech/defensive stagnation is the key SGX divergence.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $211.80 | +4.06% | 61.9 | +0.92 | +4.74% | +1.18% | +10.33% | +65.90% |
| AAPL | $314.86 | -0.77% | 65.0 | +0.89 | +4.82% | +5.10% | +15.30% | +93.00% |
| TSLA | $396.18 | +0.36% | 56.4 | +0.72 | -0.99% | -3.35% | -5.16% | +48.90% |
| MCHI | $53.23 | +1.33% | 63.4 | +1.13 | +1.86% | -2.76% | -10.48% | +19.20% |
NVDA leads US watchlist (+4.06%, RSI 61.9, breaking above MA20 and MA50) — a bullish recovery from its 52W low area. Death Cross remains but price action suggests momentum is returning. AAPL (-0.77%, RSI 65.0) consolidates near 52W highs (+93.0%) with a Golden Cross — the strongest setup in the US group. TSLA (+0.36%, RSI 56.4) remains the laggard — Death Cross, below all MAs, no momentum. MCHI (+1.33%, RSI 63.4) shows a Death Cross but volume elevated (1.13x) — early signs of accumulation in China ETFs. S&P 500 Golden Cross intact, RSI 70.3 — not yet overbought, still room to run.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$87.00 | +0.99% | 69.4 | +0.93 | +8.00% | -1.52% | -11.01% | +24.00% |
| Alibaba | HK$111.90 | +0.99% | 78.8 | +0.85 | +10.25% | -3.93% | -21.21% | +23.80% |
Alibaba (RSI 78.0, flat today) is overbought with a Death Cross — a classic contrarian sell signal. Price is +9.23% above MA20 but -21.98% below MA200, trapped in a wide range. BYD (RSI 69.4, +0.99%) near overbought threshold with a Death Cross — similar pattern of short-term bounce within a longer downtrend. Both HK names are in bear market territory relative to MA200 but have seen strong short-term rallies. HSI itself has a Death Cross and is only at 32.9% of 52W range — the index is near the bottom of its year range. Contrarian case: if HSI breaks above MA50 (24,872), it could trigger a squeeze. For now, trend is down.
6. Crypto (USD)
Fear & Greed: 25/100 - Extreme Fear (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $64,670.71 | +3.91% | 69.6 | +1.14 | +4.31% | +0.53% | -12.16% | +10.10% |
| ETH | $1,873.44 | +5.64% | 79.1 | +1.45 | +9.63% | +7.06% | -15.25% | +10.60% |
| DOGE | $0.07 | +2.88% | 55.1 | +1.29 | -0.38% | -10.72% | -26.45% | +1.80% |
Crypto showing early bounce signals despite Extreme Fear at 25/100. BTC (+3.88%, RSI 69.5) back above MA20 and MA50 with elevated volume (1.14x) — the first meaningful recovery attempt from the 52W low zone (10.1% position). ETH (+5.60%, RSI 79.1, volume 1.45x) is near overbought — this is the strongest mover with a bounce off MA50 support. DOGE (+2.88%, RSI 55.1) remains the weakest, at 1.8% of 52W range. The Fear & Greed trend is "up" (from 22 to 25) — still extreme fear but moving in the right direction. Historical pattern: Extreme Fear + rising prices has preceded relief rallies. However, all three have Death Crosses below MA200 — this is a bear market bounce until MA200 is reclaimed.
7. Currency Corner (SGD Perspective)
SGD strengthening — USD/SGD at 1.2896 (-0.29% today), meaning the SGD appreciated against the USD. This is beneficial for SG-based investors holding US assets (higher SGD value when converting back) but slightly negative for export-oriented SGX names. The SGD strength reflects Singapore's hawkish MAS stance and safe-haven flows into Asia. Impact on portfolio: US holdings (NVDA, AAPL, TSLA, MCHI) will see a slight FX headwind when measured in SGD terms (~0.3% drag). CNY/SGD at 0.1898 is stable — no significant China FX move affecting MCHI or HK holdings.
8. Key Signals
Overbought (RSI > 75)
- OCBC RSI 93.9
- DBS RSI 92.7
- DBS RSI 92.7
- STI RSI 83.9
- ETH RSI 79.1
- Alibaba RSI 78.8
Unusual Volume (High)
- Shanghai Comp 4.98x
- CSI 300 5.00x
Unusual Volume (Low)
- OCBC 0.12x (thin)
- HSTECH 0.24x (thin)
Near 52W High (>95%)
- DBS 100.0%
- DBS 99.9%
- STI 99.8%
- CSI 300 99.8%
- OCBC 98.5%
Golden Cross (MA20 > MA50)
- AAPL
- CSI 300
- DBS
- DBS
- OCBC
- S&P 500
- STI
- Sheng Siong
Death Cross (MA20 < MA50)
- Alibaba
- BTC
- BYD
- DOGE
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- Shanghai Comp
- TSLA
- UMS
Signal Aggregation: The signal board is heavily skewed bearish — 12 Death Crosses vs 8 Golden Crosses. Overbought warnings on SG banks (DBS, OCBC), STI, Alibaba, and ETH signal potential near-term reversals. The unusually low volume on SG bank rallies is the most concerning signal — high prices + low volume = exhaustion setup. On the bullish side, S&P 500 Golden Cross with RSI 70.3 (not yet extreme) suggests US uptrend has room. The high volume on China indexes (4.99x, 5.00x) is ambiguous — could be capitulation or distribution; needs monitoring. The Extreme Fear (25/100) in crypto with BTC/ETH rising is a classic contrarian bounce setup.
9. Earnings Calendar Alert
No watchlist tickers have earnings announcements within the next 14 days (Jul 15–29, 2026). The Q2 2026 earnings season typically begins in mid-to-late July for US names, so AAPL and NVDA could announce dates soon. SGX banks (DBS, OCBC) usually report in early August. Keep an eye on earnings date confirmations over the coming weeks.
10. TL;DR
Key Takeaway
SGX banks (DBS, OCBC) are deeply overbought with RSI above 90 and collapsing volume — classic topping signals; consider trailing stops or partial profit-taking on these positions. The best risk/reward setups are NVDA (recovering from 52W low, volume building) and BTC/ETH (Extreme Fear bounce with momentum). SG market leads globally with STI at 52W highs (+99.2%), but the China lag (Shanghai Comp -2.06%, HSI Death Cross) remains a headwind for HK holdings. USD/SGD strengthening (-0.29%) creates a slight FX tailwind for Singapore-based portfolios when converting US profits back to SGD.