KOSPI Daily Analysis — 2026-08-28
Session: ClosingLatest
- Close
- 6,795.55
- Change
- -1.69%
- 1W Change
- -1.70%
- 20D Change
- 21.49%
- EMA20
- 6,732.71
- EMA50
- 6,928.18
- EMA200
- 6,144.48
- RSI (14)
- 50.4
- ATR (14)
- 341.48
- Volatility (20D)
- 79.98%
- Distance from 20D High
- -5.84%
- Advancers
- —
- Decliners
- —
- Volume
- 273,930
- VIX
- 14.51
- US10Y
- 4.67%
- DXY
- 99.17
The index closed lower, extending its weekly decline, though it remains well above its longer-term averages. Momentum is balanced, with volatility elevated.
Market Drivers
The pullback appears driven by profit-taking after a strong recent run, while broader market sentiment is cautious amid rising global yields and a firmer dollar.
Trend Interpretation
Price is above the 20-day and 200-day moving averages but below the 50-day, indicating a short-term consolidation within a longer-term uptrend. Momentum is neutral.
Risk Factors
Key risks include a break below the 20-day average, which could signal further downside, and elevated volatility that may persist.
Bullish
In a bullish scenario, the index holds above its short-term support and resumes its upward trajectory, driven by sustained buying interest and improving market breadth.
Neutral
In a neutral scenario, the index may trade sideways, oscillating between its moving averages as investors await clearer directional cues.
Risk
In a risk scenario, a decisive move below the 20-day average could trigger further selling, with the next support likely at the 50-day average.