WOORI FIN (Germany) Momentum Indicators Average Directional Movement Index

2WGA Stock  EUR 32.20  0.40  1.23%   
WOORI FIN momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against WOORI FIN. WOORI FIN value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of WOORI FIN are pattern recognition functions that provide distinct formation on WOORI FIN potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The average directional index (ADX) measures the strength of a prevailing trend of WOORI FIN GRP and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low WOORI FIN ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

WOORI FIN Technical Analysis Modules

Most technical analysis of WOORI FIN help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WOORI from various momentum indicators to cycle indicators. When you analyze WOORI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About WOORI FIN Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WOORI FIN GRP. We use our internally-developed statistical techniques to arrive at the intrinsic value of WOORI FIN GRP based on widely used predictive technical indicators. In general, we focus on analyzing WOORI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WOORI FIN's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of WOORI FIN's intrinsic value. In addition to deriving basic predictive indicators for WOORI FIN, we also check how macroeconomic factors affect WOORI FIN price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
29.5032.6035.70
Details
Intrinsic
Valuation
LowRealHigh
23.8226.9235.86
Details
Naive
Forecast
LowNextHigh
30.1433.2336.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.1132.2633.41
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as WOORI FIN. Your research has to be compared to or analyzed against WOORI FIN's peers to derive any actionable benefits. When done correctly, WOORI FIN's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in WOORI FIN GRP.

Align your values with your investing style

In addition to having WOORI FIN in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Momentum
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Automobiles and Trucks Idea
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Other Information on Investing in WOORI Stock

WOORI FIN financial ratios help investors to determine whether WOORI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WOORI with respect to the benefits of owning WOORI FIN security.