Daily Stock Report
Friday, August 28, 2026 at 09:19 SGT
1. Market Snapshot
All markets open and trading — it is Friday, with no US or Singapore public holidays and no weekend closure. Risk appetite is split: US indices press toward highs (S&P 500 +0.72%) and NVDA surges +8.74% after earnings, while China large caps sell off hard (CSI 300 -3.60% on 5.0x volume) and crypto runs hot. Crypto Fear & Greed Index at 73/100 - Greed (up) — elevated risk appetite in digital assets.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,693.51 | -0.49% | 49.3 | +94.70% | Neutral |
| S&P 500 (US) | 7,730.99 | +0.72% | 47.4 | +94.30% | Neutral |
| HSI (HK) | 25,565.74 | +0.56% | 49.7 | +55.00% | Neutral |
| Shanghai Comp (CN) | 3,956.57 | +0.59% | 45.6 | +42.50% | Neutral |
| CSI 300 (CN) | 4,630.28 | -3.60% | 26.4 | +99.90% | Bearish |
US equities are leading — the S&P 500 (+0.72%) trades at 94.3% of its 52-week range with a golden cross intact, while the STI (-0.63% on the day but +94.2% of range) and HSI (+0.56%) show resilience. China is the clear laggard: CSI 300 tumbled -3.60% on 5.0x volume into oversold territory (RSI 26.4) with a death cross — a sharp divergence from the Shanghai Comp's +0.59%, showing the A-share selloff is concentrated in large caps and has yet to spread. All markets open, no holiday distortions.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 75.84 | +0.25% | 42.9 | +0.12 | +0.26% | +5.10% | +23.60% | +92.40% |
| OCBC | 31.05 | +0.49% | 45.4 | +0.10 | +1.50% | +9.18% | +34.95% | +94.80% |
| UMS | 2.74 | +0.00% | 65.3 | +0.19 | +4.44% | +6.49% | +44.85% | +80.60% |
| Sheng Siong | 3.18 | +0.00% | 40.0 | +0.05 | -1.44% | -2.25% | +8.69% | +80.60% |
| HSTECH | 0.73 | -0.54% | 27.3 | +0.00 | -3.58% | -2.53% | -10.40% | +11.30% |
SG banks anchor the market: DBS (+0.07%) and OCBC (+0.45%) hold near 52-week highs (91.9%/94.8%) with golden crosses intact, though OCBC's +34.9% premium to its MA200 shows how extended the run is. UMS (+0.73%, RSI 66.2) keeps its semiconductor-driven momentum (+45.9% vs MA200, +81.6% of range). Divergence is at the defensive end: Sheng Siong (-0.31%) slipped into a death cross (RSI 38.7) while HSTECH is deeply oversold (RSI 27.6, -10.3% vs MA200) after a -5.5% monthly slide. Caveat: SGX volume is extremely thin (0.0–0.16x across the board) — today's moves are low-conviction, so treat them as noise until volume normalizes.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $227.98 | +8.74% | 60.2 | +1.78 | +4.96% | +9.52% | +16.48% | +88.20% |
| AAPL | $314.58 | +0.36% | 59.1 | +0.93 | +1.70% | +0.98% | +11.41% | +74.70% |
| TSLA | $354.81 | +2.60% | 62.7 | +0.80 | +5.30% | -1.83% | -11.61% | +28.50% |
| MCHI | $54.90 | -0.36% | 30.5 | +1.33 | -1.04% | +1.88% | -5.25% | +28.70% |
NVDA is the session's defining event: +8.74% on 1.78x volume following its Aug 26 earnings, with RSI 60.2 and price at 88.2% of the 52-week range — the AI trade is firmly back in favor and the stock is approaching a retest of its all-time high. TSLA (+2.60%) bounced within a still-bearish structure (death cross, -11.6% vs MA200), while AAPL (+0.36%) is rangebound with a death cross but a healthy +11.4% above MA200. MCHI (-0.36%, RSI 30.5) is oversold on 1.33x volume, tracking China weakness. The S&P 500 (+0.72% to 7,731) keeps its golden-cross uptrend near highs, but breadth is narrow and increasingly AI-led.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$91.00 | -0.27% | 55.7 | +0.98 | -0.33% | +4.43% | -4.46% | +42.40% |
| Alibaba | HK$113.10 | -2.08% | 33.0 | +0.53 | -7.26% | +0.56% | -15.80% | +25.10% |
HSI (+0.56%) sits mid-range (55% of 52W) with a golden cross, but the tape is two-sided: BYD (-1.46%) pulled back to its MA20 after a strong run (RSI 46.2), while Alibaba (-0.94%) slides toward oversold (RSI 34.9, 27.5% of range) on fading volume (0.49x). Alibaba is the key contrarian setup — a golden cross at deeply depressed levels (still -14.2% below MA200) often precedes mean-reversion bounces, but confirmation needs a reclaim of the MA20 at HK$122. The HSI's own MA200 resistance (~25,691) caps near-term upside while China large caps bleed.
6. Crypto (USD)
Fear & Greed: 73/100 - Greed (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $80,805.95 | +2.25% | 91.4 | +0.87 | +15.86% | +21.62% | +16.73% | +33.70% |
| ETH | $2,527.47 | +0.85% | 85.1 | +0.95 | +18.26% | +27.79% | +25.34% | +31.30% |
| DOGE | $0.09 | +2.13% | 77.0 | +0.77 | +15.18% | +21.09% | +0.57% | +9.10% |
BTC (+2.18%) is at RSI 91.4 — extreme overbought by any measure — sitting +15.8% above its MA20 after a +25% monthly surge; ETH (RSI 85.1) and DOGE (RSI 76.8) are similarly stretched. Fear & Greed at 73 (Greed, up) confirms a euphoric regime: this is the opposite of capitulation, so the risk is a sharp mean-reversion pullback, not a fresh bounce. DOGE remains ~91% below its 52-week high — the most speculative leg of the rally. There are no capitulation signals anywhere in crypto right now; if a pullback comes, BTC's MA20 (~$69.7k) is the first support. Consider trailing stops on overbought longs rather than adding.
7. Currency Corner (SGD Perspective)
USD/SGD at 1.2705 (+0.10% on the day) shows the SGD marginally softer against the USD, but the broader SGD-strength narrative is intact — the STI's 94% 52-week position reflects a strong domestic economy and a MAS-supported currency. CNY/SGD (0.1886) is flat. Portfolio impact: a slightly softer SGD modestly boosts the SGD value of unhedged USD and HKD holdings (NVDA, AAPL, TSLA, MCHI, BYD, Alibaba) — a small tailwind. If global risk sentiment turns, SGD strength would likely resume and trim those FX gains.
8. Key Signals
Overbought (RSI > 75)
- BTC RSI 91.4
- ETH RSI 85.1
- DOGE RSI 77.0
Unusual Volume (High)
- Shanghai Comp 4.93x
- CSI 300 5.00x
Unusual Volume (Low)
- DBS 0.12x (thin)
- DBS 0.12x (thin)
- OCBC 0.10x (thin)
- OCBC 0.10x (thin)
- UMS 0.19x (thin)
- Sheng Siong 0.05x (thin)
- HSTECH 0.00x (thin)
Golden Cross (MA20 > MA50)
- Alibaba
- BTC
- BYD
- DBS
- DBS
- DOGE
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- OCBC
- OCBC
- S&P 500
- STI
- UMS
Death Cross (MA20 < MA50)
- AAPL
- CSI 300
- Shanghai Comp
- Sheng Siong
- TSLA
Reading the signals in aggregate: the market is in a bifurcated risk-on regime. Crypto is uniformly overbought (BTC/ETH/DOGE RSI >75) with a rising Greed index — positioning is crowded and the reward/risk of adding longs is poor. US equities show healthy momentum (NVDA golden cross + 1.78x volume surge), but AAPL and TSLA death crosses are a reminder that mega-cap leadership is selective. China is the swing factor: CSI 300, MCHI and HSTECH are all oversold on heavy volume — contrarian-bounce candidates rather than trend trades until their death crosses flip. The extremes bracket the risk spectrum: STI, S&P 500 and CSI 300 price levels near 52-week highs vs DOGE at 9% of range.
9. Earnings Calendar Alert
Next-14-days check (to Sep 11): no watchlist ticker has a confirmed earnings date in this window. NVDA already reported on Aug 26 — today's +8.74% surge is the post-earnings response, and its next report is confirmed for Nov 17. DBS and OCBC delivered H1 results in early August; BYD's interim results typically land in late August and are the closest watch item (unconfirmed).
10. TL;DR
Key Takeaway
Crypto is the most urgent risk: BTC RSI 91.4, ETH 85.1 and DOGE 76.8 with Fear & Greed at 73 (Greed, up) — extreme overbought conditions argue for trimming or trailing stops rather than adding exposure. The best-quality momentum is NVDA (+8.74% post-earnings on 1.78x volume) inside an AI-led S&P 500 uptrend, while SG banks (DBS, OCBC) grind quietly at 52-week highs with intact golden crosses. The contrarian opportunity sits on the other side of the ledger: China assets (CSI 300 RSI 26.4, MCHI 30.5, HSTECH 27.6, Alibaba 34.9) are deeply oversold after heavy-volume selling and could bounce hard — but treat them as tactical reversals, not trend trades, until their death crosses flip. Actionable: take partial profits on crypto longs, hold NVDA and quality US exposure, and watch Alibaba / CSI 300 for oversold-bounce entries.