KOSPI: Down 0.60% to 6,258.77 — Bearish — Price Below Key MAs
MarketsFN Team
KOSPI: Down 0.60% to 6,258.77 — Bearish — Price Below Key MAs
Published: August 07, 2026 · MarketsFN Team
| Index | Price | Change | RSI(14) | SMA-20 | 52W High | 52W Low |
|---|---|---|---|---|---|---|
| KOSPI | 6,258.77 | -0.60% | 47.0 | 6,574.78 | 9,114.55 | 5,052.46 |
The KOSPI is actively quoting at 6,258.77 (-0.60%), reflecting a continuation of bearish sentiment as investors react to ongoing economic uncertainties. This decline signals a potential loss of momentum, particularly as the index remains significantly below its 20-day simple moving average (SMA-20) of 6,574.78 and 50-day simple moving average (SMA-50) of 7,605.76, indicating a bearish trend in the short to medium term.
The index is currently positioned within a 52-week range, with a high of 9,114.55 and a low of 5,052.46, suggesting that while it is well above its yearly low, it is still struggling to regain previous highs. The relative strength index (RSI) at 47.0 indicates a neutral territory, reflecting indecision among traders.
Looking ahead, the KOSPI faces immediate support at the 6,158.73 level, which could be tested if selling pressure continues, while resistance is seen near the previous close of 6,296.38. A decisive move above this resistance could signal a potential reversal in sentiment.
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