Shanghai Composite (SSEC.NDX)

Close: 3 295.06 (-2.23), Apr 25, 2025
Hold

Liquidity risk: Volatility risk:

Overall analysis

Shanghai Composite is technically neutral for the short, medium, as well as the long term.

Recommendation one to six months: Hold

Short term

Shanghai Composite is within an approximate horizontal trend channel in the short term. This indicates that investors are uncertain and waiting for signals of further direction. A break upwards will be a positive signal, while a break downwards will be a negative signal. The index has support at points 3160 and resistance at points 3356. Trading volume has increased substantially lately. This shows there is an increased interest for the index, possibly because of fundamental news. RSI is above 70 after a good price increase the past weeks. The index has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically neutral for the short term.

Recommendation one to six weeks: Hold

Medium term

Shanghai Composite is within an approximate horizontal trend channel in the medium long term. This indicates that investors are uncertain and waiting for signals of further direction. A break upwards will be a positive signal, while a break downwards will be a negative signal. The index has support at points 3170 and resistance at points 3470. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The index is overall assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold

Long term

Shanghai Composite has broken through the ceiling of a falling trend channel in the long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The index has given a positive signal from the rectangle formation by a break up through the resistance at 3128. Further rise to 3675 or more is signaled. The index has support at points 3170 and resistance at points 3400. The index is overall assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold



Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.74%2 449.61-0.07%
5 days-49.822.58%490.24+0.56%
22 days-6.187.12%111.78-2.22%
66 days-4.6614.37%45.52-1.69%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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