KOSPI (SEOUL.NDX) - Close: 1 949.26 (-1.76), Jan 30, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Negative Candidate -Medium term, Jan 30, 2015Analysis Explanation
KOSPI has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has reacted back after a false break of a rectangle formation. A significant penetration of 1905 will again give new negative signals to the index, while a break of the opposite side of the formation will be a strong positive signal. The index is approaching the resistance at points 1966, which may give a negative reaction. The index is overall assessed as technically negative for the medium long term.

1 day-0.51%0.00-0.09%
5 days0.001.70%0.00+0.68%
22 days0.004.06%0.00+1.76%
66 days0.007.25%0.00+1.22%
Trend -15%1809.89 - 1936.66
Short Term Trading Range2015-01-23
Double Bottom Pattern2015-01-23
Moving average2014-10-13
Long Term Trading Range2014-10-08
Inverse Head and Shoulders 2014-04-08
Inverse Head and Shoulders 2014-03-27


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