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.
2335 Holt Street, SAINT CROIX IN 47576