Daily Stock Report

Tuesday, July 21, 2026 at 11:33 SGT
Fear & Greed: 25/100 - Extreme Fear (flat)

1. Market Snapshot

All markets open and trading today (Tuesday). Crypto Fear & Greed Index at 25/100 - Extreme Fear (flat trend). SGX banks continue their parabolic run with STI up +6.32% monthly at 98% of 52W high. HK market strength persists (HSI +4.70% monthly) despite a Death Cross. China mainland indices are the weak spot — Shanghai Comp -8.40% monthly with RSI 31.4. US markets mixed — S&P 500 flat, AAPL overbought, TSLA in downtrend.

2. Market Benchmarks

IndexPriceChg%RSI52W%Trend
STI (SG)5,532.54+0.61%86.1+98.00%Bullish
S&P 500 (US)7,443.28-0.19%44.0+87.40%Neutral
HSI (HK)25,054.28-0.35%77.4+45.80%Bullish
Shanghai Comp (CN)3,813.03+0.44%31.4+37.80%Bearish
CSI 300 (CN)4,666.64+3.04%36.4+99.30%Bearish

STI (SG) and HK markets are leading — both near overbought territory with strong monthly gains. China mainland indices (Shanghai Comp, CSI 300) are lagging sharply with RSI in the low 30s, signalling sustained weakness despite today's CSI 300 bounce (+3.05%). S&P 500 sits neutral with declining volume — no clear directional conviction.

3. SGX Stocks (SGD)

NamePriceChg%RSIVolMA20%MA50%MA200%52W%
DBS71.96+0.08%86.0+0.38+4.50%+10.23%+23.14%+94.00%
OCBC28.89+0.70%94.8+0.41+8.72%+16.29%+36.09%+99.50%
UMS2.54+2.42%48.2+0.35-1.07%-3.58%+49.18%+71.20%
Sheng Siong3.31+0.91%46.2+0.30+1.05%+4.17%+18.30%+93.50%
HSTECH0.77+3.49%67.2+0.43+4.49%+1.37%-9.18%+21.40%

SG banks continue their relentless rally — DBS (RSI 86) and OCBC (RSI 95) are deeply overbought but remain in confirmed Golden Cross uptrends. Volume is notably low (0.38x and 0.41x), suggesting the recent move higher is on thinning participation — a classic exhaustion signal. HSTECH shows a nice bounce (+3.49%) from its 52W low zone. UMS and Sheng Siong trade sideways with neutral RSI and very low volume.

4. US Stocks (USD)

NamePriceChg%RSIVolMA20%MA50%MA200%52W%
NVDA$203.28+0.23%53.2+0.73+0.76%-3.12%+5.61%+54.10%
AAPL$326.59-2.14%79.9+0.93+6.40%+7.63%+18.94%+93.70%
TSLA$369.57-2.96%32.2+1.11-6.75%-9.69%-11.30%+35.70%
MCHI$54.08+2.13%68.0+1.50+3.44%-0.64%-8.70%+24.00%

AAPL is the standout — up 10.35% monthly with RSI at 79.9 (overbought) and near its 52W high (93.7% position). While the trend is strong, AAPL at these levels is vulnerable to a pullback. TSLA continues to weaken (RSI 32.2, below all MAs) — confirmed Death Cross with elevated volume suggests more downside. NVDA is neutral around its MAs with below-average volume. MCHI shows elevated volume with a +2.13% gain.

5. HKSE Stocks (HKD)

NamePriceChg%RSIVolMA20%MA50%MA200%52W%
BYDHK$90.70+0.61%73.4+0.31+10.18%+3.68%-6.81%+29.70%
AlibabaHK$117.20+0.34%85.0+0.49+13.06%+1.89%-16.97%+29.30%

Hong Kong is the most overextended market on the watchlist. HSI at RSI 77.4 with a Death Cross is a notable divergence — price above MAs but the cross signal is bearish. Alibaba (RSI 85.0) and BYD (RSI 73.5) are both overbought with very low volume (0.31x-0.49x). This low-volume rally into overbought territory is a classic contrarian warning — both are well below 200-MAs, meaning the uptrend is corrective, not structural.

6. Crypto (USD)

Fear & Greed: 25/100 - Extreme Fear (flat)
NamePriceChg%RSIVolMA20%MA50%MA200%52W%
BTC$65,399.88+1.10%60.0+1.34+3.03%+3.49%-10.32%+11.20%
ETH$1,921.62+2.68%67.5+1.30+6.74%+10.89%-11.78%+12.00%
DOGE$0.07+0.33%42.6+1.52-1.83%-8.74%-26.72%+1.20%

Crypto shows signs of a potential bottoming process. Fear & Greed at 25 (Extreme Fear) suggests sentiment is washed out. BTC (RSI 60.1) has a Golden Cross with above-average volume — the first constructive signal in weeks. ETH is stronger with a clear Golden Cross. Both are well below 200-MAs, so this is a bounce within a bearish structure. DOGE continues to languish near 52W lows. Extreme Fear + constructive BTC/ETH technicals suggests a cautious buy-the-dip setup.

7. Currency Corner (SGD Perspective)

USD/SGD
1.29
+0.00%
CNY/SGD
0.19
---

USD/SGD at 1.2907 is unchanged — SGD remains stable against the USD. Neutral FX backdrop means no additional tailwind or headwind for SG-based investors holding US stocks. For the portfolio, USD-denominated holdings face no FX drag currently.

8. Key Signals

Overbought (RSI > 75)

  • OCBC RSI 94.8
  • OCBC RSI 94.8
  • STI RSI 86.1
  • DBS RSI 86.0
  • DBS RSI 86.0
  • Alibaba RSI 85.0
  • AAPL RSI 79.9
  • HSI RSI 77.4

Unusual Volume (High)

  • Shanghai Comp 4.99x
  • CSI 300 4.99x

Near 52W High (>95%)

  • OCBC 99.5%
  • OCBC 99.5%
  • CSI 300 99.3%
  • STI 98.0%

Near 52W Low (<10%)

  • DOGE 1.2%

Golden Cross (MA20 > MA50)

  • AAPL
  • BTC
  • DBS
  • DBS
  • ETH
  • OCBC
  • OCBC
  • S&P 500
  • STI
  • Sheng Siong

Death Cross (MA20 < MA50)

  • Alibaba
  • BYD
  • CSI 300
  • DOGE
  • HSI
  • HSTECH
  • MCHI
  • NVDA
  • Shanghai Comp
  • TSLA
  • UMS

9. Earnings Calendar Alert

Q1 2026 earnings season largely concluded for most watchlist tickers. NVDA's Q2 report is expected in late August — roughly 5 weeks away, so no imminent catalyst. No other watchlist tickers have earnings within the next 14 days based on historical schedules. Monitor Tesla and Alibaba for potential unscheduled announcements.

10. TL;DR

Key Takeaway

The dominant theme this week is extreme divergence: SG banks (STI +6.32% monthly, OCBC RSI 95) and HK stocks (HSI +4.70% monthly, Alibaba RSI 85) are wildly overbought on thinning volume — this is the classic exhaustion setup. Meanwhile, TSLA (RSI 32.2, Death Cross), Shanghai Comp (RSI 31.4), and DOGE (near 52W lows) are deeply oversold. For a Singapore-based diversified investor, the most actionable move is to take partial profits on SG banks (especially OCBC) and deploy incrementally into TSLA or a China recovery play like MCHI. Crypto Fear & Greed at 25 (Extreme Fear) combined with BTC/ETH Golden Crosses offers a tactical entry for the brave — position conservatively.