After completing its last trading session, Wells Fargo & Company (WFC) spiked up by 0.4% – here is what that looked like (as of 2019-11-08):
Why are these moves happning?? To grasp this action better, We ought 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 -0.014, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.476, an Accumulation/Distribution Index (ADI) of 0.476, an On-Balance Volume (OBV) of 131.276, and a Chaiikin Money Flow (CMF) of -53.8. 1.0
Now let’s plug these indicators in. Consulting Trading View, this is what it all means:
So there you have it – our analysis of Wells Fargo & Company (WFC). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.
2335 Holt Street, SAINT CROIX IN 47576