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 KOSPI (SEOUL.NDX) - Close: 1 957.06 (-3.45), May 26, 2016

Chart Technical Analysis KOSPI (SEOUL)

rsi chart
 Positive Candidate -Medium term, May 26, 2016Analysis Explanation
KOSPI has broken through the floor of a rising trend channel. This indicates a slower rising rate at first, or the start of a more horizontal development. Is moving within a rectangle formation between support at 1839 and resistance at 2015. A decisive break through one of these levels indicates the new direction for the index. The index is approaching the support at points 1943, which may give a positive reaction. The index is overall assessed as technically positive for the medium long term.

1 day-0.56%0.00-0.18%
5 days0.001.97%0.00+0.53%
22 days0.005.06%0.00-3.10%
66 days0.0010.11%0.00+2.12%
Trend 31%1983.68 - 2098.51
Long Term Trading Range2016-05-18
Short Term Trading Range2016-05-13
Moving average2016-03-29
Double Bottom Pattern2016-03-02
Inverse Head and Shoulders 2015-02-24
Double Bottom Pattern2015-01-23

 


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