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Shunya.Trade Options Engine

Asia-Pacific Market Pre-Market Analysis

May 20, 202608:15 AM LocalReal-Time Market Data
Nikkei 225 (N225)
60,816
-0.97%
KOSPI (South Korea)
7,516
+0.31%
Volatility Index — CBOE VIX
18.1% Moderate
Nikkei 225 (N225)
Bullish
60,816
-0.97%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (55.9)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price holds above the 20-day moving average at 60,543, preserving the near-term bullish structure. The 56 RSI reading is comfortably above the midline — momentum aligns with the directional thesis. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. The model's top pick is Long Call (48%) — the optimal structure given current trend, momentum, and volatility readings.
Support / Resistance
Support50,559
Resistance63,799
Moving Averages
21-day SMA60,416
50-day SMA56,715
100-day SMA55,197
200-day SMA50,648
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 55.9 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
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)63,799
23.6%60,675
38.2%58,741
50.0%57,179
61.8%55,617
78.6%53,392
Low (100.0%)50,559
Extensions
ExtensionPrice
Ext 1.13 (Up)65,521
Ext 1.272 (Up)67,401
Ext 1.618 (Up)71,982
Ext 1.13 (Dn)48,838
Ext 1.272 (Dn)46,958
Ext 1.618 (Dn)42,376
Trade Setup
Entry
60,816
Stop Loss
60,062
Take Profit
62,324
Risk / Reward
2.0
Buy
Top Options Strategies
Long Call48%
Buy OTM Call
Call Ratio Backspread48%
Sell 1 lower Call + Buy 2 higher Calls
Long Put46%
Buy OTM Put
KOSPI (South Korea)
Bullish
7,516
+0.31%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (70.3)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day SMA at 7,016 continues to act as dynamic support — price remains above it, reinforcing upside bias. Momentum oscillator at 70 enters overbought territory — the tape is stretched and vulnerable to profit-taking. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support5,043
Resistance8,047
Moving Averages
21-day SMA6,979
50-day SMA6,170
100-day SMA5,577
200-day SMA4,592
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 70.3 (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
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%)8,047
23.6%7,338
38.2%6,899
50.0%6,545
61.8%6,190
78.6%5,686
Low (100.0%)5,043
Extensions
ExtensionPrice
Ext 1.13 (Up)8,437
Ext 1.272 (Up)8,864
Ext 1.618 (Up)9,903
Ext 1.13 (Dn)4,652
Ext 1.272 (Dn)4,226
Ext 1.618 (Dn)3,187
Trade Setup
Entry
7,516
Stop Loss
7,320
Take Profit
7,909
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.