WESTERN ALLIANCE BANCORP (WAL)
US9576381092 - Common Stock
We assign a technical rating of 9 out of 10 to WAL. Both in the recent history as in the last year, WAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
WAL is part of the Banks industry. There are 407 other stocks in this industry. WAL outperforms 96% of them.
A new 52 week high is currently being made by WAL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so WAL is leading the market.
In the last month WAL has a been trading in the 60.26 - 81.90 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WAL has an average volume of 1038560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that WAL is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WAL has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
54.71
82.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 64.29 to 64.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 60.29 to 60.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.83 from a horizontal line in the daily time frame.
- Support @55.26 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.51
Mansfield2.71
10 Day High81.9
10 Day Low68.19
20 Day High81.9
20 Day Low60.26
52 Week High81.9
52 Week Low38.81
Performance
1 Week6.09%
2 Weeks20.92%
1 Month33.6%
3 Month38.7%
6 Month20.86%
12 Month54.73%
2 Year6.56%
3 Year-12.31%
5 Year64.62%
10 Year255.42%
15 Year1074.46%
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)1.18
RSI(14)77.1
LBB61.2
UBB84.26
WESTERN ALLIANCE BANCORP
NYSE:WAL (7/26/2024, 7:06:38 PM)
After market: 81.44 +0.05 (+0.06%)81.39
+1.53 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.92%
1 Week6.09%
2 Weeks20.92%
1 Month33.6%
3 Month38.7%
6 Month20.86%
12 Month54.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.31
ATR(20)%3.56%
ATR Inc
Range Today2.01
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 High81.9
10 Day Low68.19
20 Day High81.9
20 Day Low60.26
52 Week High81.9
52 Week Low38.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.54M
Volume Incr18.44%
Vol(5)1.48M
Vol(50)1.04M