Investtech.com
 KOSPI (SEOUL.NDX) - Close: 1 915.53 (+0.31), Sep 3, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Weak Negative Candidate (Score: -27)
-Overall analysis, Sep 3, 2015
Analysis Explanation
KOSPI is technically negative for the short and medium term, and neutral for the long term.

 Weak Negative Candidate (Score: -43)
-Short term
KOSPI is within a falling trend and continued decline within the current trend is indicated. On reactions back, there is resistance against the ceiling of the trend channel. The index has support at points 1830 and resistance at points 2030. The index is assessed as technically slightly negative for the short term.

 Weak Negative Candidate (Score: -29)
-Medium term
KOSPI has broken the falling trend down. This signals an even stronger falling rate. The index is approaching the support at points 1900, which may give a positive reaction. The index is assessed as technically slightly negative for the medium long term.

 Neutral (Score: 25)
-Long term
KOSPI is within an approximate horizontal trend, which indicates further development in the same direction. Has reacted back after a false break of a rectangle formation. A significant penetration of 1879 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 has broken up through the resistance at points 1900. This predicts a further rise. The index is overall assessed as technically neutral for the long term.

1 day-0.49%0.00+0.02%
5 days0.001.71%0.00+0.39%
22 days0.004.23%0.00-5.55%
66 days0.007.77%0.00-7.16%

 


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 www.investtech.com/disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK