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Shunya.Trade Options Engine

Asia-Pacific Market Pre-Market Analysis

May 18, 202609:45 AM LocalReal-Time Market Data
Hang Seng (HSI)
25,963
-1.62%
TAIEX (Taiwan)
41,172
-1.39%
Straits Times (STI)
4,989
-0.14%
Volatility Index — CBOE VIX
18.4% Moderate
Hang Seng (HSI)
Bearish
25,963
-1.62%
Intraday
Bullish
Daily
Bearish
Weekly
Bullish
Monthly
Bearish
RSI (49.8)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price has broken below the 20-day SMA (26,164), shifting short-term structure to defensive. The 50 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. The scoring engine flags Long Strangle with a 51% conviction score — the strongest signal in today's scan.
Support / Resistance
Support24,204
Resistance26,845
Moving Averages
21-day SMA26,175
50-day SMA25,766
100-day SMA26,145
200-day SMA26,004
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 49.8 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
25,963
Stop Loss
26,186
Take Profit
25,517
Risk / Reward
2.0
Sell
Top Options Strategies
Long Strangle51%
Buy OTM Call + Buy OTM Put
Long Straddle51%
Buy ATM Call + Buy ATM Put
Long Put50%
Buy OTM Put
TAIEX (Taiwan)
Strong Bullish
41,172
-1.39%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (67.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 39,870 — the near-term trend structure remains intact. Momentum oscillator at 67 enters overbought territory — the tape is stretched and vulnerable to profit-taking. MACD histogram negative and deepening — the momentum profile reinforces the short-side thesis. The model's top pick is Long Call (53%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support31,529
Resistance42,409
Moving Averages
21-day SMA39,740
50-day SMA36,227
100-day SMA33,571
200-day SMA29,702
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 67.3 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
41,172
Stop Loss
40,621
Take Profit
42,276
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call53%
Buy OTM Call
Call Ratio Backspread53%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)50%
Sell OTM Put
Straits Times (STI)
Bullish
4,989
-0.14%
Intraday
Bearish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (62.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 4,948, preserving the near-term bullish structure. The 62 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. The model's top pick is Long Call (55%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support4,698
Resistance5,039
Moving Averages
21-day SMA4,951
50-day SMA4,931
100-day SMA4,889
200-day SMA4,636
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.4 confirms strong buying momentum, with room to run before becoming extremely overbought.
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
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
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
4,989
Stop Loss
4,965
Take Profit
5,038
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
Watch SGX Straits Times Index divergence with regional peers for relative strength cues across ASEAN markets.
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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.