WF technical analysis

WF Technical Analysis

Analysis date

July 15, 2026

Market

NYSE (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

WF Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
WF
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period. Note: WF ADRs represent a ratio of common shares; ADR price reflects both underlying share price and USD/KRW exchange rate.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)62.10July 14, 2026-Verified
Finviz (independent)62.10July 14, 2026 (previous close)0.00%Verified

Bottom line

WF Technical Analysis Summary

WF (Woori Financial Group) presents a cautiously constructive technical picture as of mid-July 2026. On the daily chart, price at 62.10 sits above SMA20 (60.85, +2.05%) and SMA50 (59.70, +4.02%), but remains below SMA200 (63.40, -2.05%), indicating a short-to-medium-term uptrend within a broader neutral-to-bearish longer-term structure. RSI14 at 54.60 reflects mild positive momentum without overbought conditions. The daily MACD shows the MACD line at 0.55 above the signal line at 0.40 with a positive histogram of 0.15, indicating budding bullish momentum. The weekly timeframe shows price at 61.80, above SMA20 (59.90) and SMA50 (58.40) but below SMA200 (64.20), mirroring the mixed signals. Key resistance sits at the 60-day high of 64.80 and the 200-day SMA at 63.40. Support rests at SMA20 (60.85), the 20-day low of 59.20, and SMA50 (59.70). As a Korean bank ADR, WF's technical picture is also influenced by USD/KRW exchange rate movements and broader emerging market sentiment.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Mildly bullish short-term, neutral-to-bearish long-term. Price at 62.10 is above SMA20 (60.85, +2.05%) and SMA50 (59.70, +4.02%), but below SMA200 (63.40, -2.05%). The SMA20 is above SMA50, a positive short-term signal, but both remain below SMA200, indicating the long-term trend has not yet turned bullish. The mixed moving average alignment suggests a transitional phase.
Momentum
Modestly bullish. RSI14 at 54.60 is above the 50 midline, indicating slight positive bias without strong conviction. MACD line at 0.55 is above the signal line at 0.40, and the histogram at 0.15 is positive — a relatively recent bullish crossover that needs confirmation through sustained upward price action.
Volatility
Moderate. ATR14 at 1.45 (2.34% of price) reflects the somewhat higher volatility typical of an international ADR. Bollinger Bands (58.50 to 65.10) show moderate width with price in the middle-to-upper portion, suggesting room for movement in either direction.
Volume
Slightly below average. Latest volume of 420,000 is 85% of the 20-period average (495,000), indicating slightly lower participation levels. This is not unusual for a Korean ADR where a significant portion of trading occurs on the Korea Exchange.

Assessment

The daily chart shows a constructive short-term picture with price recovering above the 20 and 50-day SMAs. The RSI at 54.60 is in neutral territory, leaning bullish. The recent MACD bullish crossover is encouraging but recent enough to require confirmation. The key concern is price below the 200-day SMA, which means the long-term trend technically remains bearish. The 52-week position at 42% reflects that WF is in the lower-middle portion of its annual range, consistent with a recovery phase that has not yet fully established itself.

Weekly (July 6, 2026 week)

Trend
Mixed. Price at 61.80 is above SMA20 (59.90) and SMA50 (58.40), reflecting a medium-term recovery, but below SMA200 (64.20), indicating the multi-year trend is still not fully bullish. The weekly chart shows a pattern of higher lows since the 52-week low, which is a positive structural development.
Momentum
Modestly bullish. RSI14 at 52.80 has moved above the 50 midline, a positive but tentative signal. MACD line at 0.90 is above the signal line at 0.65, with a histogram at 0.25 in positive territory. The weekly MACD turned positive in recent weeks, suggesting the recovery has some duration.
Volatility
Moderate. ATR14 at 2.80 (4.53% of price) reflects the higher weekly volatility typical of an emerging market ADR. Bollinger Bands (55.00 to 68.50) show meaningfully wider bands, reflecting the greater uncertainty at the weekly level.
Volume
Slightly below average. Weekly volume of 2,100,000 is 88% of the 20-week average (2,385,000), indicating no unusual accumulation or distribution patterns.

Assessment

The weekly chart reinforces the daily picture of a stock in transition. Price has recovered above the 20 and 50-week SMAs, a positive development, but remains below the 200-week SMA. The recovery from the 52-week low has been orderly, with a series of higher lows suggesting gradual institutional re-accumulation. The RSI at 52.80 has only recently crossed above 50, so the bullish signal is fresh and needs follow-through. For a Korean bank ADR, the weekly picture is best described as cautiously improving rather than definitively bullish.

Key indicators

WF Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)54.6052.80
MACD (12, 26, 9)0.55 / 0.40 / 0.150.90 / 0.65 / 0.25
ATR (14)1.45 (2.34%)2.80 (4.53%)
Bollinger Bands (20, 2)58.50 - 65.1055.00 - 68.50
SMA (20)60.8559.90
SMA (50)59.7058.40
SMA (200)63.4064.20

Price structure

WF Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price62.1061.80
1-Period Return+0.40%+0.85%
5-Period Return+1.80%+2.60%
20-Period Return+3.50%+5.20%
60-Period Return+6.20%+8.40%
252-Period Return-2.10%+1.30%
52-Week Low52.3052.30
52-Week High75.8075.80
52-Week Position42.00%40.50%

Key levels

WF Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High64.8066.50
20-Period Low59.2057.80
60-Period High68.4070.20
60-Period Low55.6052.30

Scenarios

WF Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 200-day SMA at 63.40 and the 20-day high of 64.80 with increasing volume, targeting the 60-day high near 68.40 and potentially the 70.00 round number. A sustained USD/KRW tailwind would amplify the move.

Invalidation

Price fails at the 200-day SMA and falls back below SMA20 (60.85) and the 20-day low at 59.20, suggesting the recovery has run its course.

What to watch

Daily RSI holding above 55 and pushing toward 60; MACD histogram continuing to expand; weekly RSI sustaining above 50; volume expanding on up days; USD/KRW exchange rate trends.

Range-Bound

Trigger

Price oscillates between SMA20 support (60.85) and the 200-day SMA resistance (63.40), reflecting uncertainty about the sustainability of the recovery amid mixed macro signals for Korean financials.

Invalidation

A decisive break above 63.40 or below the 20-day low of 59.20 with conviction.

What to watch

RSI staying between 45 and 60; MACD histogram hovering near current levels; volume remaining below average; Korean won stability.

Bearish

Trigger

Worsening sentiment toward emerging market financials, a stronger USD/KRW, or disappointing Korean economic data pushes WF back below SMA50 (59.70) toward the 60-day low at 55.60 and the 52-week low near 52.30.

Invalidation

Price holds above SMA20 (60.85) and reclaims the 200-day SMA (63.40) within a reasonable timeframe.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; relative performance vs. KBE (bank ETF) and EEM (emerging markets); Korean won weakening trend.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. As a foreign ADR, WF price action may also reflect USD/KRW exchange rate movements and Korean market conditions. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.