WESTERN ALLIANCE BANCORP (WAL) Technical Analysis
NYSE:WAL • US9576381092
Overall WAL gets a technical rating of 0 out of 10. WAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, WAL is a bad performer in the overall market: 66% of all stocks are doing better.
- WAL is part of the Banks industry. There are 379 other stocks in this industry, of which 82% are performing better than WAL.
- In the last month WAL has a been trading in the 77.59 - 97.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- WAL has an average volume of 1124160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- WAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WAL is lagging the market slightly.
The technical rating of WAL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
66.54
When analyzing the support we notice one important area.
- Support @67.21 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 70.32 to 72.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 79.89 to 81.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 86.57 to 87.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @93.74 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for WAL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAL is down. |
| ChartMill Relative Strength | 34.01 | NEUTRAL | WAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WAL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.6 | NEUTRAL | The RSI value for WAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.47 | NEGATIVE | The MACD value suggests WAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.93 | OVERSOLD | The low Stochastics value suggests WAL may be oversold. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for WAL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for WAL suggests a possible start of a new trend. |
WAL Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:WAL (3/6/2026, 11:42:03 AM)
69.73
-11.01 (-13.64%)
WESTERN ALLIANCE BANCORP / WAL FAQ
What is the technical rating for WAL stock?
ChartMill assigns a technical rating of 0 / 10 to WAL.
What is the current trend direction of WESTERN ALLIANCE BANCORP (WAL) stock?
The current trend direction for WESTERN ALLIANCE BANCORP (WAL) is Bearish.
Can you provide the RSI signal for WESTERN ALLIANCE BANCORP?
WESTERN ALLIANCE BANCORP (WAL) has an RSI value of 36.6017. This indicates that the stock is currently neutral.
What is the short term momentum for WESTERN ALLIANCE BANCORP (WAL) stock?
The short term momentum for WESTERN ALLIANCE BANCORP (WAL) is negative.
Can you provide the support and resistance levels for WESTERN ALLIANCE BANCORP?
WESTERN ALLIANCE BANCORP (WAL) has a support level at 79.89 and a resistance level at 86.57. Check the full technical report for our detailed analysis of WAL support and resistance levels.