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 KOSPI (SEOUL.NDX) - Close: 2 157.54 (-2.26), Apr 27, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate (Score: 81)
-Overall analysis, Apr 27, 2015
Analysis Explanation
KOSPI is technically positive for the short, medium, as well as the long term.

 Positive Candidate (Score: 54)
-Short term
KOSPI has broken the rising trend up. This signals an even stronger growth rate. The index has support at points 2014. RSI is overbought. The index can still rise further, and we should see a decreasing RSI before this is used as a negative signal. The index is overall assessed as technically positive for the short term.

 Positive Candidate (Score: 54)
-Medium term
KOSPI has broken the rising trend up. This signals an even stronger rate of growth, but the positive development may result in corrections down in the short term. The index has support at points 2080. RSI is overbought. The index can still rise further, and we should see a decreasing RSI before this is used as a negative signal. The index is overall assessed as technically positive for the medium long term.

 Positive Candidate (Score: 89)
-Long term
An approximate horizontal trend is broken up. A continued strong development is indicated, and the index now meets support on possible reactions down towards the trend lines. It also gave positive signal from a rectangle formation at the break up through the resistance at 2105. Further rise to 2323 or more is signaled. The index has support at points 2050. Volume tops and volume bottoms correspond well with tops and bottoms in the price. This strengthens the trend break. The index is overall assessed as technically positive for the long term.

1 day-0.48%0.00-0.10%
5 days0.001.61%0.00+0.50%
22 days0.003.92%0.00+6.67%
66 days0.006.95%0.00+11.44%

 


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