KOSPI (SEOUL.NDX) - Close: 2 040.29 (-13.64), Jul 7, 2015

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate -Long term, Jul 7, 2015Analysis Explanation
KOSPI has risen up towards the ceiling of an approximate horizontal trend channel. A continued development within this trend channel may be expected and the current price level may be a good exit price. Is moving within a rectangle formation between support at 1880 and resistance at 2189. A decisive break through one of these levels indicates the new direction for the index. The index is testing the support at points 2040, which may give a postive reaction. The index is overall assessed as technically positive for the long term.

1 day-0.47%0.00-0.66%
5 days0.001.60%0.00-1.63%
22 days0.004.00%0.00-1.34%
66 days0.007.31%0.00+0.55%
Trend 0%1806.40 - 2096.82
Double Top Pattern2013-04-05
Double Top Pattern2011-08-04


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