KOSPI Daily Analysis — 2026-08-24
Session: ClosingLatest
- Close
- 6,693.59
- Change
- -3.17%
- 1W Change
- -4.08%
- 20D Change
- 0.04%
- EMA20
- 6,690.51
- EMA50
- 6,947.51
- EMA200
- 6,118.26
- RSI (14)
- 49.0
- ATR (14)
- 388.65
- Volatility (20D)
- 93.21%
- Distance from 20D High
- -7.25%
- Advancers
- —
- Decliners
- —
- Volume
- 251,587
- VIX
- 15.13
- US10Y
- 4.74%
- DXY
- 98.88
The index closed sharply lower, extending weekly losses, with momentum turning negative and price action weakening below key short-term averages.
Market Drivers
Risk-off sentiment appears to be driving the decline, as volatility is elevated and the dollar index is firm, while long-term yields remain high.
Trend Interpretation
Price is below the 20-day and 50-day moving averages, indicating a short-term downtrend, though it remains above the 200-day average, suggesting a longer-term uptrend is still intact.
Risk Factors
Key risks include a break below the 200-day average, which could signal a deeper correction, and continued high volatility that may exacerbate downside moves.
Bullish
In a bullish scenario, the index could stabilize near current levels and reclaim the short-term averages, leading to a rebound toward recent highs.
Neutral
A neutral scenario would see the index consolidating in a range, with choppy price action as buyers and sellers balance around the moving averages.
Risk
In a risk scenario, a sustained break below the 200-day average could trigger further selling, with the next support levels coming into play.