KOSPI Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 6,859.61
- Change
- -1.70%
- 1W Change
- 8.89%
- 20D Change
- 5.27%
- EMA20
- 6,664.73
- EMA50
- 6,983.80
- EMA200
- 6,092.86
- RSI (14)
- 51.5
- ATR (14)
- 407.20
- Volatility (20D)
- 92.04%
- Distance from 20D High
- -4.95%
- Advancers
- —
- Decliners
- —
- Volume
- 383,201
- VIX
- 14.25
- US10Y
- 4.70%
- DXY
- 99.67
The index closed lower, extending a pullback after a strong weekly advance, with momentum cooling from overbought levels.
Market Drivers
Profit-taking and a softer risk appetite appear to be driving the decline, while the broader uptrend remains intact.
Trend Interpretation
Price is still above the medium-term and long-term averages, but below the short-term average, suggesting a short-term correction within a longer-term uptrend.
Risk Factors
Elevated volatility and a high distance from recent highs could lead to further downside if support levels fail.
Bullish
If buying interest resumes, the index could regain its footing and challenge recent highs, supported by the underlying uptrend.
Neutral
The index may consolidate in a range, balancing profit-taking with dip-buying, as momentum stabilizes.
Risk
A break below key moving averages could trigger a deeper correction, with volatility expanding further.