KOSPI Daily Analysis — 2026-08-11
Session: ClosingLatest
- Close
- 6,358.09
- Change
- 0.93%
- 1W Change
- -0.01%
- 20D Change
- -6.59%
- EMA20
- 6,589.68
- EMA50
- 7,014.03
- EMA200
- 6,054.85
- RSI (14)
- 44.3
- ATR (14)
- 429.91
- Volatility (20D)
- 96.82%
- Distance from 20D High
- -14.36%
- Advancers
- —
- Decliners
- —
- Volume
- 318,163
- VIX
- 15.46
- US10Y
- 4.70%
- DXY
- 99.85
The index closed higher with a modest gain, though the broader short-term trend remains under pressure. Market sentiment appears cautiously optimistic despite recent weakness.
Market Drivers
The advance is likely driven by a rebound in risk appetite, supported by a relatively calm volatility environment. However, underlying momentum remains subdued.
Trend Interpretation
Price is trading below its short-term and medium-term moving averages, indicating a corrective phase. Momentum indicators are in neutral territory, suggesting a lack of clear directional bias.
Risk Factors
Key risks include elevated volatility and a potential breakdown below recent support levels. A sustained move lower could accelerate selling pressure.
Bullish
In a bullish scenario, the index could reclaim its short-term moving average and build on the current rebound, potentially targeting higher resistance zones. A recovery in market breadth would support this view.
Neutral
In a neutral scenario, the index may oscillate within a range, consolidating recent losses. Volatility could remain elevated, keeping traders cautious.
Risk
In a risk scenario, failure to hold above key support could trigger further downside, with the next leg lower driven by deteriorating momentum and increased risk aversion.