500.com Limited (WBAI) Went Up 1.1%, And Here’s Why

After completing its last trading session, 500.com Limited (WBAI) spiked up by 1.1% – 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. The most important ones are as follows:

A Money Flow Index (MFI) of 50.138, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.311, an Accumulation/Distribution Index (ADI) of 0.311, an On-Balance Volume (OBV) of 28.919, and a Chaiikin Money Flow (CMF) of 9.76. 15.4

So what do these technical indicators mean? Let’s see. Consulting Trading View, putting it all together gets the following:

So there you have it – our analysis of 500.com Limited (WBAI). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

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.

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Becky Steen