Daily Stock Report
Tuesday, August 18, 2026 at 10:47 SGT
1. Market Snapshot
All markets open and trading today — no US or SG public holidays and no weekend closure (Tuesday, 18 Aug 2026). Singapore held its leadership tone with the STI near record highs, while the standout move was a ~5x volume surge in China benchmarks with mixed price action: Shanghai Comp +1.1% but CSI 300 +4.0% while still below its 20/50-day averages — a possible regime shift in Chinese equities. US data reflects the prior session after the S&P 500's pullback from all-time highs. Crypto Fear & Greed Index at 41/100 - Fear (improving from 27 a week ago).
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,698.33 | -0.79% | 58.1 | +95.20% | Neutral |
| S&P 500 (US) | 7,745.06 | -0.52% | 83.1 | +95.20% | Bullish |
| HSI (HK) | 25,264.26 | +0.59% | 37.5 | +49.60% | Bearish |
| Shanghai Comp (CN) | 3,971.20 | +1.12% | 71.0 | +48.30% | Bullish |
| CSI 300 (CN) | 4,711.07 | +4.02% | 38.9 | +97.40% | Bearish |
Leadership is concentrated in Singapore and the US — STI (+95% of its 52-week range, RSI 58) and S&P 500 (+95%, RSI 83.1, deeply overbought) both sit near record territory. Lagging: HSI is mid-range (49.5%) and below its MA20/MA200, while China large-caps are split — Shanghai Comp is hot (RSI 71) on ~5x volume yet CSI 300 still carries a death cross below its 20/50-day MAs. The S&P 500's RSI of 83.1 is the most stretched overbought reading across all benchmarks, suggesting the index needs a digestion phase or fresh catalysts before its next leg up.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 75.78 | -1.43% | 53.5 | +0.28 | +1.26% | +7.94% | +25.26% | +92.30% |
| OCBC | 30.99 | -1.77% | 61.0 | +0.44 | +3.95% | +13.51% | +37.95% | +94.40% |
| UMS | 2.84 | -1.05% | 86.5 | +0.38 | +14.31% | +11.24% | +55.20% | +85.40% |
| Sheng Siong | 3.26 | +0.31% | 50.0 | +0.29 | +0.06% | +0.27% | +12.47% | +86.10% |
| HSTECH | 0.75 | -0.40% | 29.2 | +0.83 | -2.33% | -0.52% | -9.30% | +15.60% |
SG banks pulled back modestly after their record run (DBS -1.4%, OCBC -1.8%) but remain in clean uptrends — +25%/+38% above their MA200, near 52-week highs, with August earnings (reported 6-7 Aug) already digested. The clear divergence is UMS: +16.4% on the month, RSI 86.5, +55% above MA200 with a death-cross flag on its averages — a blow-off profile where chasing is risky. At the other extreme, HSTECH is oversold (RSI 29.2) near the bottom of its 52-week range — a contrarian watch if China tech stabilises. Volume is thin across the board (DBS 0.28x, Sheng Siong 0.26x), so today's moves carry low conviction.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $225.01 | -0.07% | 85.7 | +0.87 | +6.40% | +8.89% | +15.37% | +84.10% |
| AAPL | $305.59 | -0.11% | 22.7 | +0.91 | -3.71% | -1.13% | +8.88% | +67.70% |
| TSLA | $339.30 | -0.87% | 78.0 | +0.81 | +3.56% | -8.17% | -16.32% | +20.80% |
| MCHI | $55.06 | +0.79% | 49.9 | +0.84 | -0.03% | +2.42% | -5.54% | +29.60% |
Mega-cap tech is extremely bifurcated. NVDA is overbought at RSI 85.7 and +15% above its MA200 heading into its confirmed 26 Aug earnings — positioning is stretched into a binary event, so trailing stops or trimming into strength is prudent. AAPL is the mirror image: oversold at RSI 22.7 after an -8.4% month but still above its MA200 (+8.9%) — a correction within an uptrend rather than a breakdown, worth watching for a reversal signal rather than buying the knife. TSLA remains the weak hand: -10.9% on the month, below MA50/MA200, death cross intact, only 21% above its 52-week low. MCHI quietly stabilised at its MA20 with a golden cross — a reasonable entry point for China exposure without chasing.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$89.80 | -0.28% | 34.1 | +0.44 | -1.12% | +4.25% | -6.13% | +37.20% |
| Alibaba | HK$122.30 | +0.08% | 66.1 | +0.39 | +2.21% | +9.90% | -10.24% | +34.50% |
HSI rebounded +0.6% but remains below its MA20 and MA200 (RSI 37.5) — mid-cycle consolidation, not yet a confirmed trend change. Alibaba is the stronger setup: golden cross, +9.9% above MA50, RSI 66 — momentum is constructive, though still -10% below the MA200, so the recovery is early innings. BYD is the contrarian watch: RSI 34.1, below MA20, volume at just 0.44x average — weak hands have mostly exited; a reclaim of the MA20 (~HK$90.8) would signal a bottom attempt. Both HK names trade on thin volume, so avoid reading too much into daily moves.
6. Crypto (USD)
Fear & Greed: 41/100 - Fear (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $64,050.63 | +1.96% | 49.9 | +1.33 | +0.41% | +0.62% | -7.36% | +9.20% |
| ETH | $1,892.05 | +0.97% | 58.0 | +1.37 | +0.30% | +2.68% | -5.78% | +11.20% |
| DOGE | $0.07 | +0.34% | 48.3 | +1.20 | -0.26% | -2.90% | -22.45% | +0.70% |
Crypto is grinding along the floor of its 52-week range — BTC at 9.2% and DOGE at 0.8% of range — after a brutal drawdown from 2026 highs. The Fear & Greed Index at 41 (Fear, up from 27 a week ago) says capitulation pressure is easing. BTC and ETH both hold golden crosses, sit marginally above their 20/50-day SMAs, and trade on above-average volume (+1.33x/+1.37x) — early accumulation signals rather than a confirmed reversal. DOGE is the laggard: death cross, -22% below MA200. Bounce potential exists, but macro (rates, risk appetite) must cooperate; treat strength as tentative until BTC reclaims its MA200 (~$69k).
7. Currency Corner (SGD Perspective)
SGD firmed slightly — USD/SGD -0.17% to 1.2775 — extending the SGD's defensive bid as Singapore continues to draw haven inflows. A firmer SGD is a mild headwind for the SGD-value of US/HK/crypto holdings, but it underpins the local wealth-inflow narrative supporting DBS and OCBC. CNY/SGD held at ~0.189; watch CNY for the China/HK sleeve. Net: currency is not the dominant swing factor today — equity and crypto beta are.
8. Key Signals
Overbought (RSI > 75)
- UMS RSI 86.5
- NVDA RSI 85.7
- S&P 500 RSI 83.1
- TSLA RSI 78.0
Unusual Volume (High)
- Shanghai Comp 4.77x
- CSI 300 4.99x
Unusual Volume (Low)
- DBS 0.28x (thin)
- DBS 0.28x (thin)
- Sheng Siong 0.29x (thin)
Near 52W High (>95%)
- CSI 300 97.4%
- STI 95.2%
- S&P 500 95.2%
Golden Cross (MA20 > MA50)
- AAPL
- Alibaba
- BTC
- BYD
- DBS
- DBS
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- OCBC
- OCBC
- S&P 500
- STI
- Sheng Siong
Death Cross (MA20 < MA50)
- CSI 300
- DOGE
- Shanghai Comp
- TSLA
- UMS
What this means in aggregate: the tape is bifurcated — leaders are stretched (S&P 500, NVDA, TSLA, UMS all overbought; STI and CSI 300 near 52-week highs) while laggards (AAPL, HSTECH, BYD, crypto majors) sit at oversold or range extremes. The ~5x volume spike in China benchmarks with a mixed price response is the single most unusual data point today — it is either the start of a strong China move or a distribution climax, and bears watching. Thin volume on SGX and HKSE means those daily moves carry less conviction. With NVDA earnings confirmed for 26 Aug, positioning in US mega-cap tech is the key near-term risk event.
9. Earnings Calendar Alert
NVDA reports Q2 FY27 results on Wednesday 26 Aug 2026, after US market close (confirmed) — the only watchlist name with earnings inside the 14-day window; expect elevated implied volatility into the print. DBS and OCBC reported Q2 results on 6-7 Aug and are now in post-earnings drift. No other watchlist tickers have confirmed earnings within the next 14 days.
10. TL;DR
Key Takeaway
Markets remain bifurcated: STI and S&P 500 sit near record highs (S&P RSI 83.1 is stretched), while crypto is bottoming near 52-week lows with Fear & Greed improving from 27 to 41. The standout anomaly is a ~5x volume surge in Shanghai/CSI 300 with mixed price action — a potential regime shift in Chinese equities worth monitoring closely. In the portfolio: trim or trail stops into NVDA strength ahead of its 26 Aug earnings (RSI 85.7), treat AAPL's oversold reading (RSI 22.7) as a watch-for-reversal rather than a buy signal, and keep SG banks as the structural core near highs. Actionable priorities: decide NVDA positioning before 26 Aug, and watch whether CSI 300's volume surge confirms a China re-rating.