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 KOSPI (SEOUL.NDX) - Close: 2 107.33 (+9.44), Jul 2, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate (Score: 58)
-Overall analysis, Jul 2, 2015
Analysis Explanation
KOSPI is technically neutral for the short term, but positive for the medium and long term.

 Neutral (Score: -21)
-Short term
KOSPI has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The index has support at points 2086 and resistance at points 2146. The index is assessed as technically neutral for the short term.

 Weak Positive Candidate (Score: 50)
-Medium term
KOSPI has broken the floor of the rising trend, which indicates a weaker initial rising rate. The index has broken a resistance level in the short term and given a positive signal for the short-term trading range. The index has support at points 2080 and resistance at points 2173. The index is overall assessed as technically slightly 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 2030. The index is overall assessed as technically positive for the long term.

1 day-0.47%0.00+0.45%
5 days0.001.59%0.00+1.07%
22 days0.004.00%0.00+1.38%
66 days0.007.31%0.00+3.81%

 


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