In its latest trading session, Woori Bank (NYSE:WF) dropped by -3.0% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 51.223, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.013, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.401, an Accumulation/Distribution Index (ADI) of 0.401, an On-Balance Volume (OBV) of 229.389, and a Chaiikin Money Flow (CMF) of 30.09. 5.2
Now let’s plug these indicators in. According to Trading View, putting it all together gets the following:
So there you have it – our analysis of Woori Bank (NYSE: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.