WOORI FINANCIAL-SPON ADR (WF) Stock Technical Analysis
NYSE:WF - New York Stock Exchange, Inc. - US9810641087 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to WF. Both in the recent history as in the last year, WF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WF is one of the better performing stocks in the market, outperforming 94% of all stocks.
WF is one of the better performing stocks in the Banks industry, it outperforms 99% of 394 stocks in the same industry.
A new 52 week high is currently being made by WF, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month WF has a been trading in the 44.42 - 57.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.60
58.19
When analyzing the support we can see 3 important areas.
- Support @49.03 from a horizontal line in the daily time frame.
- Support @32.91 from a trend line in the weekly time frame.
- A support zone ranging from 30.91 to 31.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WF is up. |
| ChartMill Relative Strength | 94.91 | POSITIVE | WF has a high relative strength, it outperformed 94.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.04 | OVERBOUGHT | The high RSI value suggests WF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests WF has a positive trend. |
| Stochastics (14,3) | 96.29 | OVERBOUGHT | The high Stochastics value suggests WF may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for WF suggests some volalility. |
| Average Directional Index/ADX (14) | 65.79 | POSITIVE | The high ADX value value for WF suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
57.61
+1.61 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.88%
1 Week13.97%
2 Weeks17.48%
1 Month27.29%
3 Month65.83%
6 Month79.3%
12 Month79.41%
2 Year109.72%
3 Year108.35%
5 Year168.7%
10 Year136.4%
15 Year52.41%
Volatility
ATR(14)1.4
ATR(20)%2.28%
ATR Inc42.87%
Range Today0.85
ADR(20)0.88
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.91
Mansfield4.54
10 Day High57.97
10 Day Low49.2
20 Day High57.97
20 Day Low44.42
52 Week High57.97
52 Week Low29.44
CS1 End49.03
CR1 StartN/A
Volume & EV
DER(3)-4.08%
DER(5)-2.19%
Volume150.37K
Volume Incr89.62%
Vol(5)114.11K
Vol(50)60.68K