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 KOSPI (SEOUL.NDX) - Close: 2 107.50 (-36.00), May 27, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate (Score: 82)
-Overall analysis, May 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 floor of the rising trend, which indicates a weaker initial rising rate. The index is approaching the support at points 2087, which may give a positive reaction. The index is assessed as technically positive for the short term.

 Positive Candidate (Score: 56)
-Medium term
KOSPI is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. The index has support at points 2080 and resistance at points 2173. The index is assessed as technically positive for the medium long term.

 Positive Candidate (Score: 94)
-Long term
KOSPI has broken up from an approximate horizontal trend. This signals a continued strong development, and the index now meets support on possible reactions down towards the ceiling of the trend channel. 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 is approaching the support at points 2040, which may give a positive reaction. The index is overall assessed as technically positive for the long term.

1 day-0.49%0.00-1.68%
5 days0.001.63%0.00-0.63%
22 days0.003.98%0.00-3.03%
66 days0.007.24%0.00+7.45%

 


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