KOSPI Daily Analysis — 2026-08-21
Session: ClosingLatest
- Close
- 6,906.23
- Change
- 0.78%
- 1W Change
- 1.36%
- 20D Change
- -2.69%
- EMA20
- 6,689.55
- EMA50
- 6,957.61
- EMA200
- 6,114.37
- RSI (14)
- 52.2
- ATR (14)
- 398.78
- Volatility (20D)
- 94.83%
- Distance from 20D High
- -4.30%
- Advancers
- —
- Decliners
- —
- Volume
- 389,569
- VIX
- 16.01
- US10Y
- 4.70%
- DXY
- 98.77
The index posted a modest gain, supported by a mild uptick in risk appetite. Momentum indicators are balanced, suggesting a cautious but constructive tone.
Market Drivers
A softer dollar and stable volatility readings are providing some support, while a slight rise in long-term yields is keeping gains in check.
Trend Interpretation
Price is hovering near its medium-term moving average, with short-term momentum turning slightly positive. The broader trend remains sideways to slightly upward.
Risk Factors
Elevated volatility and a recent pullback from highs suggest fragility. A further rise in yields or a spike in volatility could pressure the index.
Bullish
If buying interest broadens and the index reclaims recent highs, it could extend gains toward the upper end of its range, supported by improving momentum.
Neutral
The index may continue to oscillate within a range, with dips being bought and rallies sold, as investors await clearer directional cues.
Risk
A break below key support levels could trigger further downside, especially if volatility spikes and risk appetite deteriorates.