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Shanghai Composite: Up 0.33% to 4,105.56 — Bullish — Price Above Key MAs

· Indices · MarketsFN Team

Shanghai Composite: Up 0.33% to 4,105.56 — Bullish — Price Above Key MAs

Published: June 17, 2026  ·  MarketsFN Team

IndexPriceChangeRSI(14)SMA-2052W High52W Low
Shanghai Composite4,105.56+0.33%50.94,066.324,242.573,813.28

The Shanghai Composite is actively quoting at 4,105.56 (+0.33%), reflecting a modest uptick driven by positive sentiment surrounding recent economic data and easing concerns over regulatory crackdowns. This slight advance signals a potential stabilization in the market as investors weigh growth prospects against ongoing geopolitical tensions.

From a technical perspective, the index is positioned above both the 20-day simple moving average (SMA-20) at 4,066.32 and the 50-day simple moving average (SMA-50) at 4,080.07, indicating a bullish trend. The relative strength index (RSI) stands at 50.9, suggesting the market is in neutral territory, while the index remains within striking distance of its 52-week high of 4,242.57 and well above the low of 3,813.28.

Looking ahead, the key support level is established at the SMA-50 of 4,080.07, while resistance is likely to be encountered near the 52-week high of 4,242.57. A sustained move above this resistance could signal further bullish momentum, while a drop below the support level may indicate a shift in market sentiment.

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