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 KOSPI (SEOUL.NDX) - Close: 2 033.85 (+7.23), Jul 25, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Weak Positive Candidate -Medium term, Jul 25, 2014Analysis Explanation
KOSPI is in a rising trend and a continued rise within this trend may be expected. However, the price is now close to the ceiling of the trend channel, which may give a reaction down. Is moving within a rectangle formation between support at 1988 and resistance at 2046. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 2000. The index is overall assessed as technically slightly positive for the medium long term.

1 day-0.55%0.00+0.36%
5 days0.001.83%0.00+0.71%
22 days0.004.55%0.00+2.63%
66 days0.008.20%0.00+1.48%
Trend 7%1956.69 - 2053.27
Short Term Trading Range2014-07-02
Moving average2014-04-15
Inverse Head and Shoulders 2014-04-08
Long Term Trading Range2014-03-28
Inverse Head and Shoulders 2014-03-27
Rectangle2013-06-20


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