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Shunya.Trade Options Engine

Asia-Pacific Market Post-Market Review

May 18, 202606:15 PM LocalReal-Time Market Data
Hang Seng (HSI)
25,675
-1.11%
TAIEX (Taiwan)
40,892
-0.68%
Straits Times (STI)
4,998
+0.17%
Volatility Index — CBOE VIX
18.9% Moderate
Hang Seng (HSI)
Strong Bearish
25,675
-1.11%
Intraday
Bullish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bearish
RSI (46.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (26,140), shifting short-term structure to defensive. Momentum at 46 reflects a tape under pressure. Bulls need to push the oscillator back above 50 to shift the narrative. On the MACD, the fast line has crossed below the signal line with a negative histogram — confirming the bearish momentum shift. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support24,204
Resistance26,845
Moving Averages
21-day SMA26,141
50-day SMA25,764
100-day SMA26,145
200-day SMA26,005
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 46.2 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)26,845
23.6%26,221
38.2%25,836
50.0%25,524
61.8%25,212
78.6%24,769
Low (100.0%)24,204
Extensions
ExtensionPrice
Ext 1.13 (Up)27,188
Ext 1.272 (Up)27,563
Ext 1.618 (Up)28,477
Ext 1.13 (Dn)23,860
Ext 1.272 (Dn)23,485
Ext 1.618 (Dn)22,571
Trade Setup
Entry
25,675
Stop Loss
25,908
Take Profit
25,209
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put68%
Buy OTM Put
Put Ratio Backspread68%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread65%
Sell Call + Buy higher Call
TAIEX (Taiwan)
Bullish
40,892
-0.68%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (60.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 40,074 continues to act as dynamic support — price remains above it, reinforcing upside bias. RSI at 60 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Thin participation (0.0x average) suggests the tape may be drifting rather than trending. Treat breakouts with scepticism.
Support / Resistance
Support31,529
Resistance42,409
Moving Averages
21-day SMA39,919
50-day SMA36,388
100-day SMA33,696
200-day SMA29,791
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 60.5 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)42,409
23.6%39,841
38.2%38,253
50.0%36,969
61.8%35,685
78.6%33,858
Low (100.0%)31,529
Extensions
ExtensionPrice
Ext 1.13 (Up)43,823
Ext 1.272 (Up)45,368
Ext 1.618 (Up)49,132
Ext 1.13 (Dn)30,115
Ext 1.272 (Dn)28,570
Ext 1.618 (Dn)24,806
Trade Setup
Entry
40,892
Stop Loss
40,351
Take Profit
41,973
Risk / Reward
2.0
Buy
Top Options Strategies
Long Put46%
Buy OTM Put
Put Ratio Backspread46%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread43%
Sell Call + Buy higher Call
Straits Times (STI)
Bullish
4,998
+0.17%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (71.4)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The tape holds above the 20-day average (4,948), maintaining the positive short-term trend channel. RSI has climbed to 71, putting the tape in overbought territory. New directional longs carry elevated reversal risk. MACD histogram remains in positive territory, underpinning the current directional move. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support4,698
Resistance5,039
Moving Averages
21-day SMA4,950
50-day SMA4,934
100-day SMA4,893
200-day SMA4,641
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 71.4 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
Consolidation / Range-bound Structure
Fibonacci Retracements
LevelPrice
High (0.0%)5,039
23.6%4,958
38.2%4,909
50.0%4,868
61.8%4,828
78.6%4,771
Low (100.0%)4,698
Extensions
ExtensionPrice
Ext 1.13 (Up)5,084
Ext 1.272 (Up)5,132
Ext 1.618 (Up)5,250
Ext 1.13 (Dn)4,653
Ext 1.272 (Dn)4,605
Ext 1.618 (Dn)4,486
Trade Setup
Entry
4,998
Stop Loss
4,973
Take Profit
5,047
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call55%
Buy OTM Call
Call Ratio Backspread55%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)52%
Sell OTM Put
Market Search Previews
Key Takeaway
Cross-reference Hang Seng tech sector beta with China PMI surprises for institutional flow-driven Asia-Pacific strategies.
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⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.