KOSPI Daily Analysis — 2026-08-12
Session: Closing
- Close
- 6.589,33
- Change
- 3,84%
- 1W Change
- -0,14%
- 20D Change
- -3,90%
- EMA20
- 6.588,57
- EMA50
- 6.996,90
- EMA200
- 6.060,39
- RSI (14)
- 47,8
- ATR (14)
- 429,70
- Volatility (20D)
- 97,81%
- Distance from 20D High
- -11,25%
- Advancers
- —
- Decliners
- —
- Volume
- 340.680
- VIX
- 15,28
- US10Y
- 4,68%
- DXY
- 99,87
The index posted a solid gain in the latest session, though it remains below its medium-term trend lines. Market breadth was not available, but the advance suggests a short-term bounce.
Market Drivers
The move appears driven by a rebound in risk appetite, as volatility remains moderate and the dollar index is relatively stable. No specific catalysts are identified from the data.
Trend Interpretation
Price is hovering near its short-term average but well below the medium-term average, indicating a corrective phase within a longer-term uptrend. Momentum is neutral, with a slight positive tilt.
Risk Factors
Key risks include a potential break below recent support levels, a rise in volatility, or a further decline in the medium-term trend. Also, the index is still far from its recent high, suggesting lingering weakness.
Bullish
In a bullish scenario, the index could reclaim its medium-term average and build on the recent bounce, with improving momentum and a broader market participation.
Neutral
In a neutral scenario, the index may oscillate between its short-term and medium-term averages, consolidating recent losses while awaiting clearer directional cues.
Risk
In a risk scenario, the index could resume its downtrend if it fails to hold above key support, leading to a test of lower levels and a deterioration in market sentiment.