Daily Stock Report

Wall Street is the clear leader — the S&P 500 sits at 97% of its 52-week high with RSI 71, teetering right on the overbought line. Asia is the laggard: the STI is flat and mid-range, the HSI and Shanghai Composite both sit in the bottom third of their 52-week ranges, and China A-shares carry the weakest momentum (Shanghai RSI 36). The divergence — US strength versus an Asia ex-Japan complex still hunting for a base — is the single most important theme in today’s data.

The SGX watchlist splits cleanly into two camps. Banks are the strength: DBS (+0.33% above its MA20) and OCBC (+0.69%) both sit at roughly 95% of their 52-week highs on golden crosses, with OCBC a striking 28.8% above its 200-day moving average — a resilient, high-quality core. UMS is the momentum outlier: overbought at RSI 74.3 and 38.6% above its 200-day MA after a +13% month. On the weak side, Sheng Siong has slipped into a death cross (RSI 41.2, below both its 20- and 50-day MAs), and the HSTECH ETF is pinned at just 4.5% of its 52-week range — a direct proxy for the China tech selloff and the most beaten-down name in this basket. Volumes are thin across the board (0.10–0.25x) because the SGX session had only just opened at capture time, so treat today’s percentage moves with caution.

US risk appetite is running hot. NVDA is the standout — RSI 83.9, a fresh 52-week high (98.4% of range) and 18.8% above its 200-day MA: a textbook overbought condition that argues for trailing stops or partial profit-taking rather than fresh entries. TSLA (+2.2%) has reclaimed its 20- and 50-day MAs but remains 3.5% below its 200-day MA and only at 40% of its range — a recovery, not yet a breakout. AAPL is neutral (RSI 50.6, sitting right on its MA20). MCHI, the China proxy, bounced +2% but still trades below all three major moving averages with a death cross — a dead-cat setup until it can reclaim the 50-day.

Hong Kong remains the contrarian corner of the portfolio. Alibaba led with +3.0% and has pushed back above its 20-day MA (+0.47%), but it is still 15.3% below its 200-day MA and locked in a death cross — the bounce is real, but the trend is not yet repaired. BYD is the deeper value case: RSI 31.1 (approaching oversold), 19.4% below its 200-day MA, and languishing at just 8.5% of its 52-week range. Both are beaten-down large caps showing early stabilisation; however, volume was extremely thin (0.08–0.13x), so these green candles are tentative and unconfirmed.

Crypto is consolidating after its rebound. All three majors — BTC, ETH and DOGE — hold golden crosses and trade above their 200-day MAs (BTC +19.8%, ETH +27.7%), so the medium-term uptrend is intact. But short-term momentum has cooled: RSI sits in the high-30s to mid-40s, and all three printed small red candles on the day even as the Crypto Fear & Greed Index reads 73 (“Greed”, and rising). Greed with fading RSI is a mild caution signal — it suggests sentiment has run ahead of price. DOGE, at 13% of its range with RSI 39.6, remains the most speculative and least-supported of the three.

Read together, these signals describe a market of extremes: US tech and Singapore banks are stretched to the upside (NVDA and the S&P 500 overbought near 52-week highs; DBS and OCBC at ~95% of theirs), while Hong Kong and China assets are washed out (HSTECH at 4.5% and BYD at 8.5% of their ranges, both in death crosses). Gold crosses dominate the US and crypto names; death crosses dominate Asia ex-Japan. Thin volumes on the SGX and HK names mean today’s moves carry less conviction than usual. The actionable read: manage risk on the crowded winners, and watch the laggards only for confirmed reversals rather than catching a falling knife.