In its most recent trading session, WEX Inc. (WEX) spiked up by 0.8% – here is what that looked like (as of 2019-10-29):
Why are these moves happning?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.101, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 3.277, an Accumulation/Distribution Index (ADI) of 3.277, an On-Balance Volume (OBV) of 373.606, and a Chaiikin Money Flow (CMF) of -203.55. 0.676
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of WEX Inc. (WEX). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.
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