Daily Stock Report
Wednesday, August 26, 2026 at 15:07 SGT
1. Market Snapshot
All markets open and trading - Wednesday 26 Aug 2026, no US/SG holidays, no weekend closure. Asia led the session: CSI 300 +1.42% (though still corrective below its 20-day), HSI +0.80%, while the S&P 500 edged up +0.32% and the STI slipped -0.10% after a run to within ~3% of its all-time high. The big event risk is tonight: NVDA reports Q2 FY2027 after the US close. Crypto Fear and Greed Index at 65/100 - Greed, ticking back up after a dip to 62 but still below last week's ~74 peak.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,729.73 | -0.10% | 61.9 | +97.10% | Neutral |
| S&P 500 (US) | 7,677.28 | +0.32% | 46.1 | +90.70% | Neutral |
| HSI (HK) | 25,708.40 | +0.77% | 50.8 | +57.60% | Neutral |
| Shanghai Comp (CN) | 3,914.40 | +0.64% | 46.0 | +34.50% | Neutral |
| CSI 300 (CN) | 4,593.96 | +1.43% | 31.7 | +98.40% | Bearish |
Singapore and the US are the clear leaders: the STI sits at 97% of its 52-week range (RSI 61.9, golden cross) and the S&P 500 at 91% (RSI 46 - a mild consolidation above rising MAs rather than a breakdown). Hong Kong is mid-range and constructive, with the HSI back above its 200-day. China is the laggard: Shanghai Comp and CSI 300 still hold death crosses below their 50-day MAs, though the CSI 300 is at 98% of its 52-week range after a sharp pullback from record highs - oversold (RSI 31.7) with a ~5x volume spike, so watch for a mean-reversion attempt rather than chasing weakness.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 76.28 | -0.16% | 56.5 | +0.59 | +0.94% | +6.31% | +24.74% | +94.00% |
| OCBC | 31.51 | +0.06% | 73.4 | +0.41 | +3.51% | +11.75% | +37.70% | +97.80% |
| UMS | 2.72 | +0.37% | 69.5 | +0.49 | +5.92% | +5.66% | +44.98% | +79.70% |
| Sheng Siong | 3.20 | +0.00% | 48.5 | +0.84 | -1.20% | -1.70% | +9.59% | +81.90% |
| HSTECH | 0.74 | +0.82% | 32.2 | +0.58 | -3.23% | -1.68% | -9.81% | +13.10% |
Banks remain the engine of the STI's record run: DBS +24.7% and OCBC +37.7% above their 200-day MAs, both within ~3% of 52-week highs. OCBC's RSI of 73.3 is getting stretched - normal for a leader, but new money at these levels has poor risk/reward. UMS (+45% vs MA200, RSI 69.5) is riding the semiconductor capex theme but just printed a death cross, signalling stalling momentum at high levels. Defensives lag: Sheng Siong is flat and below its 20/50-day MAs. The standout laggard is the HSTECH ETF - RSI 32.2 (oversold), just 13% of its 52-week range, still below all major MAs, though today's +0.82% bounce with the 20/50 golden cross intact suggests a possible base. Volume is broadly light (0.4-0.8x) - a low-participation tape, so moves lack conviction.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $213.05 | +2.19% | 42.7 | +1.12 | -0.71% | +2.52% | +9.02% | +67.60% |
| AAPL | $309.90 | -0.14% | 46.5 | +0.65 | -0.51% | -0.31% | +9.93% | +71.10% |
| TSLA | $350.25 | +0.37% | 66.7 | +0.76 | +5.41% | -3.71% | -12.93% | +26.20% |
| MCHI | $55.12 | +0.35% | 43.4 | +1.00 | -0.69% | +2.32% | -5.02% | +30.00% |
The US tape is constructive but consolidating: the S&P 500 sits just above its 20-day after a flat week with RSI 46 - no overbought stress, but no fresh momentum either. NVDA is the story: +2.19% into tonight's Q2 FY27 print on 1.12x volume, the classic pre-earnings drift; RSI 42.7 leaves room to run if guidance lands well, but at +9% vs its 200-day a disappointment could give back recent gains quickly. AAPL is the weak link (month -8%, below its 20/50-day MAs, RSI 46.5). TSLA is a coiled spring - RSI 66.7 with price 5.4% above its 20-day but 12.9% below its 200-day and a death cross: a bear-market rally inside a downtrend. MCHI (+0.35%, RSI 43.4) mirrors the HK/China lag.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$93.05 | -0.59% | 60.3 | +0.85 | +1.52% | +7.18% | -2.38% | +43.80% |
| Alibaba | HK$116.00 | +1.58% | 39.8 | +0.50 | -4.86% | +3.42% | -13.94% | +28.00% |
Hong Kong is quietly firm - HSI +0.80% back above its 200-day, RSI 50.9 neutral. BYD trends well above its 50-day (RSI 60.3) but sits just under its 200-day; H1 interim results are due imminently (last year's release was 28 Aug), so position risk is elevated into the print. Alibaba is the contrarian setup: RSI 40.3, 28% of its 52-week range, 13.7% below its 200-day - but the overhang is real: it priced an HK$80B placing of new shares on 24 Aug, which explains this week's -7.8% slide. Watch whether it holds above the 50-day (HK$112) as the raise absorbs supply.
6. Crypto (USD)
Fear & Greed: 65/100 - Greed (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $79,046.18 | +0.10% | 90.3 | +0.77 | +15.85% | +20.20% | +14.35% | +31.10% |
| ETH | $2,467.02 | -0.60% | 85.9 | +0.64 | +18.75% | +26.65% | +22.60% | +29.50% |
| DOGE | $0.09 | -3.37% | 77.1 | +0.51 | +14.47% | +18.37% | -2.60% | +8.00% |
Crypto is in a sharp recovery rally, not capitulation: BTC +23% and ETH +32% over the past month, with Fear and Greed back to 65 (Greed). But the tape is stretched - BTC RSI 90.3, ETH 85.7, DOGE 77.0 are deep in overbought territory while prices sit only ~30% (BTC/ETH) and ~8% (DOGE) of their 52-week ranges: the rebound has been fast, not broad. Volume is fading (0.5-0.8x), so the rally lacks fresh fuel at these levels. Expect consolidation toward the 20-day MAs (15-18% below) before the next leg; chasing here is poor risk/reward. A pullback toward 68-70k BTC would be a healthier re-entry zone.
7. Currency Corner (SGD Perspective)
USD/SGD at 1.27, -0.11% today - the SGD remains firm, consistent with MAS policy and the STI's record run. A stronger SGD trims the SGD value of US/HK/crypto holdings (roughly -1% for every ~1.3% fall in USD/SGD), so the mild USD weakness this week is a small drag on foreign sleeves. No sharp move - portfolio FX impact is minimal but slightly negative for USD-denominated assets.
8. Key Signals
Overbought (RSI > 75)
- BTC RSI 90.3
- ETH RSI 85.9
- DOGE RSI 77.1
Unusual Volume (High)
- Shanghai Comp 5.00x
- CSI 300 4.99x
Near 52W High (>95%)
- CSI 300 98.4%
- OCBC 97.8%
- OCBC 97.8%
- STI 97.1%
Golden Cross (MA20 > MA50)
- AAPL
- Alibaba
- BTC
- BYD
- DBS
- DBS
- DOGE
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- OCBC
- OCBC
- S&P 500
- STI
Death Cross (MA20 < MA50)
- CSI 300
- Shanghai Comp
- Sheng Siong
- TSLA
- UMS
Aggregate read: the board is split by asset class. Overbought crypto (BTC/ETH/DOGE RSI 77-90) argues for trimming or trailing stops on digital assets after the +23-32% monthly surge. SGX banks (OCBC RSI 73.3) and UMS (69.5) are extended but in confirmed uptrends - normal for leaders, no reversal signal yet. Death crosses cluster in the laggards (TSLA, UMS, Sheng Siong, the China indices) - these are the positions to defend. The ~5x volume spikes on the Chinese indices are the most notable divergence: heavy turnover at oversold levels can mark a near-term bottom, but confirmation is needed. NVDA's +2.2% pre-earnings move makes tonight's print the single biggest binary event on the board.
9. Earnings Calendar Alert
NVDA reports Q2 FY2027 results TONIGHT (Wed 26 Aug, after US market close) - confirmed by NVIDIA IR. Highest-impact event on the watchlist; expect elevated volatility in NVDA and the wider AI complex. BYD H1 2026 interim results are typically released in late August (2025: 28 Aug) - due imminently, treat BYD as event-risk. Alibaba already reported (20 Aug) and has since priced an HK$80B share placing. No other watchlist tickers are due within the next 14 days.
10. TL;DR
Key Takeaway
Leaders stay leaders: Singapore banks (STI within ~3% of record highs, OCBC/DBS near 52-week highs) and the S&P 500 remain the portfolio's engines - hold, but consider trimming OCBC into strength at RSI 73.3. Event risk dominates: NVDA reports tonight, the single biggest catalyst, and the stock is up 2.2% into the print. Crypto's month-long surge (+23-32%) has pushed RSI to 90/86/77 - lock in partial gains or set trailing stops rather than adding. China/HK is the contrarian watch: the CSI 300's ~5x volume spike at oversold levels and Alibaba at 28% of its 52-week range (post-HK$80B placing) are potential re-entry zones, but only after confirmation. HSTECH (RSI 32.2) is the cheapest oversold bounce candidate in the SG sleeve. Net: trim euphoria, hold leaders, keep dry powder for the NVDA reaction and China confirmation.