Woori Financial Group (WF, $32.2) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 24, 2024

#RegionalBanks, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap
WF - Woori Financial Group
MACD signal
Bearish Trend
71%
Odds of DOWN Trend
Price: $32.2
Daily change: +$0.27 (+0.85%)
Daily volume: 58.9K
Capitalization: $7.8B
Industry: Regional Banks

This is a Bearish indicator signaling WF's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where WF's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 71%.