KOSPI (SEOUL.NDX)

Close: 2 628.62 (-47.13), Apr 25, 2024
Hold

Liquidity risk: Volatility risk:

Overall analysis

KOSPI is technically neutral for the short, medium, as well as the long term.

Recommendation one to six months: Hold

Short term

KOSPI shows weak development in a falling trend channel in the short term. This signals increasing pessimism among investors and indicates further decline for KOSPI. The index is testing support at points 2624. This could give a positive reaction, but a downward breakthrough of points 2624 means a negative signal. The index is assessed as technically neutral for the short term.

Recommendation one to six weeks: Hold

Medium term

KOSPI is in a rising trend channel in the medium long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index is between support at points 2580 and resistance at points 2670. A definitive break through of one of these levels predicts the new direction. The index is assessed as technically neutral for the medium long term.

Recommendation one to six months: Hold

Long term

KOSPI shows strong development within a rising trend channel in the long term. Rising trends indicate that the market experiences positive development and that buy interest among investors is increasing. The index is moving within a rectangle formation between support at 2333 and resistance at 2769. A decisive break through one of these levels indicates the new direction for the index. The index has marginally broken down through support at points 2660. An established break predicts a further decline. The index is overall assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold



Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.80%0.30-1.76%
5 days-2.712.67%0.44-0.23%
22 days-14.236.86%0.49-3.98%
66 days-10.0711.82%0.50+7.91%
 


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


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

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