KOSPI (SEOUL.NDX) - Close: 1 929.98 (+32.48), Dec 19, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Neutral -Medium term, Dec 19, 2014Analysis Explanation
KOSPI has fallen back towards the floor of an approximate horizontal trend channel. A continued development within the trend channel may be expected and the current price level may be a good entry price. Is moving within a rectangle formation between support at 1904 and resistance at 2095. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 1900 and resistance at points 1986. The index is overall assessed as technically neutral for the medium long term.

1 day-0.53%0.00+1.71%
5 days0.001.79%0.00+0.43%
22 days0.004.42%0.00-1.88%
66 days0.007.79%0.00-6.43%
Trend 1%1904.19 - 2091.21
Short Term Trading Range2014-12-10
Moving average2014-10-13
Long Term Trading Range2014-10-08
Inverse Head and Shoulders 2014-04-08
Inverse Head and Shoulders 2014-03-27
Double Top Pattern2013-08-21

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