This report is provided by MacroTerms.com
Data as of: 2026-09-30 · Settlement: Exchange final daily settlement
000001.SS (000001.SS) Deep Dive | 2026-10-08 — Neutral: 20-Day Channel Floor Holds, No Edge | 2026-10-08
Call: NEUTRAL on 000001.SS. The last settled print is 3842.2 (settle, 2026-09-30), sitting at the 20.5% position of the 20-day channel (3806.67–3980.
2) after a -2.78% 5D and -3.46% 20D slide, with ATR14 at 39.93 (1.04% of price) and RV20 at 11.2% — a compressed, directionless tape. The last completed weekly bar (2026-09-28–09-30) closed 3842.2, -1.19% w/w, below its open of 3878.41, confirming distribution rather than accumulation, but the 3806.67 weekly low has not been breached. Macro inputs are mixed: US 10-year yield at 5.269 (-0.79%) and DXY at 101.85 (-0.32%) are marginally supportive for CNY assets, while VIX at 15.01 (12th percentile) signals no systemic risk premium. With the report-date bar unfinished and the exchange close stale at 2026-09-30, there is no confirmed trigger in either direction. Invalidation of the neutral stance: a settled break below 3806.67 opens 3741.11 (52W low); a settled reclaim of 3980.2 restores the upside. No directional trade is warranted until one of these levels is settled beyond.
This brief is published in Chinese. The English translation is being prepared.
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