KOSPI (SEOUL.NDX) - Close: 1 985.80 (-7.28), Feb 27, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Neutral -Medium term, Feb 27, 2015Analysis Explanation
KOSPI is within an approximate horizontal trend, which indicates further development in the same direction. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 1970. Further rise to 2047 or more is signaled. The index is testing the resistance at points 1986, which may give a negative reaction. The index is overall assessed as technically neutral for the medium long term.

1 day-0.49%0.00-0.37%
5 days0.001.65%0.00+1.24%
22 days0.004.01%0.00+1.23%
66 days0.006.89%0.00+0.28%
Trend 0%1881.73 - 2079.51
Long Term Trading Range2015-02-25
Moving average2015-02-24
Inverse Head and Shoulders 2015-02-24
Short Term Trading Range2015-01-23
Double Bottom Pattern2015-01-23
Inverse Head and Shoulders 2014-04-08
Inverse Head and Shoulders 2014-03-27


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here The content provided by is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.