WESTERN ALLIANCE BANCORP (WAL)

US9576381092 - Common Stock

64.19  -0.03 (-0.05%)

After market: 64.19 0 (0%)

Technical Rating and Analysis

10

Overall WAL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WAL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, WAL did better than 90% of all other stocks. On top of that, WAL also shows a nice and consistent pattern of rising prices.
WAL is one of the better performing stocks in the Banks industry, it outperforms 96% of 415 stocks in the same industry.
WAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WAL is lagging the market slightly.
In the last month WAL has a been trading in the 54.55 - 64.65 range, which is quite wide. It is currently trading near the high of this range.
WAL has an average volume of 1640600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
WAL Weekly chart
WAL Daily chart
Setup Rating and Analysis

4

WAL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

45.60

68.01

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 59.91 to 61.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @58.43 from a trend line in the daily time frame.
  • Support @56.39 from a horizontal line in the weekly time frame.
  • Support @55.25 from a horizontal line in the daily time frame.
  • Support @51.49 from a trend line in the weekly time frame.
  • Support @46.06 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @65.19 from a trend line in the weekly time frame.
  • Resistance @67.34 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.76
Mansfield1.49
10 Day High64.65
10 Day Low56.78
20 Day High64.65
20 Day Low54.55
52 Week High70.23
52 Week Low11.35
Performance
1 Week1.05%
2 Weeks12.52%
1 Month11.19%
3 Month-2.43%
6 Month39.63%
12 Month80.61%
2 Year-22.49%
3 Year-32.03%
5 Year56.41%
10 Year160.94%
15 Year1307.68%
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)
Technical Indicators
MACD(12,26,9)0.66
RSI(14)61.71
LBB55.66
UBB65.3
WAL Daily chart

WESTERN ALLIANCE BANCORP

NYSE:WAL (3/28/2024, 8:04:00 PM)

After market: 64.19 0 (0%)

64.19

-0.03 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.05%
1 Week1.05%
2 Weeks12.52%
1 Month11.19%
3 Month-2.43%
6 Month39.63%
12 Month80.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.99
ATR(20)%3.93%
ATR Inc
Range Today1.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High64.65
10 Day Low56.78
20 Day High64.65
20 Day Low54.55
52 Week High70.23
52 Week Low11.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.02M
Volume Incr-27.51%
Vol(5)1.08M
Vol(50)1.64M