Woori Bank (WF) Fell By -2.6%, And Here’s Why

In its latest trading session, Woori Bank (WF) dropped by -2.6% – here is what that looked like (as of 2019-10-29):

What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

A Money Flow Index (MFI) of 51.019, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.012, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.488, an Accumulation/Distribution Index (ADI) of 0.488, an On-Balance Volume (OBV) of -15.493, and a Chaiikin Money Flow (CMF) of 31.72. -3.717

Now let’s take all these indicators into account. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of Woori Bank (WF). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com
Becky Steen

Latest posts by Becky Steen (see all)