SSE Composite Index technical analysis
Technical analysis of SSE Composite Index (index) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is SSE Composite Index
The SSE Composite Index (000001.SS) is the main stock market index of the Shanghai Stock Exchange, encompassing all listed shares on that exchange, including both A-shares and B-shares. It serves as a broad benchmark for the overall performance of the Chinese equity market. The index is denominated in Chinese yuan (CNY) and is widely used as a reference for mainland China's stock market.
Description generated automatically from public sources; it may be inaccurate or out of date.
SSE Composite Index: latest session data
Closing values for September 3, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
3,937.28
−0.37%
50 sessions
3,926.41
−0.10%
200 sessions
4,010.68
−2.19%
Session levels
s2
3,909.22
Support
s1
3,925.65
Support
pivot
3,946.88
Pivot
r1
3,963.32
Resistance
r2
3,984.55
Resistance
How to read it
In the September 3, 2026 session SSE Composite Index closed lower at 3,922.68 , −0.49% versus the previous session.
The price sits below every moving average observed: −0.37% against the 21-session average, −0.10% against the 50 and −2.19% against the 200.
The 14-period RSI reads 48.9, in neutral territory.
MACD stands at 7.623 against a signal line at 5.409: the histogram is positive (+2.214).
ADX reads 14.6, indicating weak directionality.
Levels computed on the latest session place supports at 3,925.65 and 3,909.22 and resistances at 3,963.32 and 3,984.55 , around a pivot of 3,946.88.
The average daily range (ATR) is 48.048 , or 1.22% of price.
Turnover was 1.3B shares, 1985% of the 20-session average.
Over the last twelve months the price ranged between 3,741.11 and 4,258.86 , and today stands −7.89% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about SSE Composite Index
Which technical indicators are commonly used to analyze the SSE Composite Index?
Technical analysis of an index like the SSE Composite typically involves moving averages (SMA, EMA), the RSI to assess overbought or oversold conditions, and the MACD to gauge momentum direction. Bollinger Bands are also frequently applied to measure the index's volatility.
On which timeframes is the SSE Composite Index usually observed in technical analysis?
Technical analysis of a broad market index like the SSE Composite can be applied across multiple timeframes: daily and weekly charts are often used to identify medium- to long-term trends, while intraday charts (hourly or 15-minute) can help observe shorter-term price movements.
What are Elliott Waves and how are they applied to an index like the SSE Composite?
Elliott Wave Theory is a technical analysis approach that proposes markets move in repeating sequences of five impulse waves in the direction of the main trend followed by three corrective waves. When applied to an index like the SSE Composite, it is used to attempt to identify the cyclical structure of price movements across various time horizons.
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