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 KOSPI (SEOUL.NDX) - Close: 2 008.49 (-21.67), Aug 3, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Weak Negative Candidate (Score: -28)
-Overall analysis, Aug 3, 2015
Analysis Explanation
KOSPI is technically negative for the short term, and neutral for the medium and long term.

 Negative Candidate (Score: -75)
-Short term
KOSPI is within a falling trend. Continued negative development within the trend channel is indicated. The index has broken down through the support at points 2016. This predicts a further decline. The index is assessed as technically negative for the short term.

 Neutral (Score: 13)
-Medium term
KOSPI is within a rising trend. Continued positive development within the trend channel is indicated. The index has marginally broken down through the support at points 2014. An established break predicts a further decline. The index is assessed as technically neutral for the medium long term.

 Neutral (Score: 14)
-Long term
KOSPI is within an approximate horizontal trend, which indicates further development in the same direction. Is moving within a rectangle formation between support at 1880 and resistance at 2195. A decisive break through one of these levels indicates the new direction for the index. The index has broken down through the support at points 2050. This predicts a further decline. In case of positive reactions, there will now be resistance at points 2050. The index is overall assessed as technically neutral for the long term.

1 day-0.48%0.00-1.07%
5 days0.001.63%0.00-1.49%
22 days0.004.00%0.00-4.69%
66 days0.007.37%0.00-6.26%

 


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