WESTERN ALLIANCE BANCORP (WAL) Technical Analysis
NYSE:WAL • US9576381092
We assign a technical rating of 0 out of 10 to WAL. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than WAL.
- WAL is part of the Banks industry. There are 381 other stocks in this industry, of which 93% are performing better than WAL.
- WAL is currently trading in the lower part 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.
- In the last month WAL has a been trading in the 68.31 - 96.87 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 1327390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
65.56
We found 1 important support area.
- Support @66.22 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 69.59 to 69.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 87.31 to 87.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for WAL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAL is down. |
| ChartMill Relative Strength | 18.64 | NEGATIVE | WAL has a low relative strength, it was outperformed by 81.36% off all stocks 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) | DOWN | NEGATIVE | The current price of WAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.97 | OVERSOLD | The low RSI value suggests WAL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.96 | NEGATIVE | The MACD value suggests WAL has a negative trend. |
| Stochastics (14,3) | 12.75 | OVERSOLD | The low Stochastics value suggests WAL may be oversold. |
| Average True Range in percent/ATR (20) | 5.95 | HIGH VOLATILITY | The high ATR as a percentage value for WAL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.64 | POSITIVE | The high ADX value value for WAL suggests a strong trend. |
WAL Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:WAL (3/12/2026, 2:15:07 PM)
68.53
-1.07 (-1.54%)
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 24.9712. This indicates that the stock is currently oversold.
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 69.59 and a resistance level at 87.31. Check the full technical report for our detailed analysis of WAL support and resistance levels.