Here’s Why WellCare Health Plans, Inc. (NYSE:WCG) Dropped -0.7%

      Comments Off on Here’s Why WellCare Health Plans, Inc. (NYSE:WCG) Dropped -0.7%

For its latest trading sesion, WellCare Health Plans, Inc. (NYSE:WCG) dropped by -0.7% – here is what that looked like (as of 2020-01-06):

Why are these moves happning?? To understand this better, We ought to analyze some technical indicators. The most interesting and telling are these ones:

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 0.016, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 2.71, an Accumulation/Distribution Index (ADI) of 2.71, an On-Balance Volume (OBV) of 10211.185, and a Chaiikin Money Flow (CMF) of 326.99. 1.004

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

So there you have it – our analysis of WellCare Health Plans, Inc. (NYSE:WCG). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.