KOSPI (SEOUL.NDX) Close: 2 358.37 (-3.30), Aug 18, 2017

Chart Technical Analysis KOSPI (SEOUL)

rsi chart
 Neutral -Medium term, Aug 18, 2017Analysis Explanation
KOSPI has broken the floor of the rising trend, which indicates a weaker initial rising rate. Has risen strongly since the positive signal from a rectangle formation at the break through the resistance at 2116. The objective at 2246 is now met, but the formation still gives a signal in the same direction. The index has support at points 2070 and resistance at points 2450. The volume balance is negative and weakens the index in the short term. The index is overall assessed as technically neutral for the medium long term.

1 day-0.47%475.16-0.14%
5 days-50.131.53%574.32-0.05%
22 days-25.213.87%641.82-2.79%
66 days-9.847.57%749.03+2.75%
Trend 37%2375.33 - 2538.39
Short Term Trading Range2017-08-09
Long Term Trading Range2017-01-11
Moving average2017-01-09
Double Top Pattern2016-11-02


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.