WELLS FARGO & COMPANY - WFC 5 5/8 PERP (WFC-Y) Stock Technical Analysis
NYSE:WFC-Y - New York Stock Exchange, Inc. - US94988U6560 - Currency: USD
Taking everything into account, WFC-Y scores 0 out of 10 in our technical rating. WFC-Y'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.
Although the technical rating is bad, WFC-Y does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WFC-Y in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.88
When analyzing the support we notice one important area.
- A support zone ranging from 22.10 to 22.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 22.62 to 23.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.79 to 23.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 24.86 to 25.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 WFC-Y is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WFC-Y is neutral. |
| ChartMill Relative Strength | 28.24 | NEGATIVE | WFC-Y has a low relative strength, it was outperformed by 71.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WFC-Y is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WFC-Y is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WFC-Y is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.62 | NEUTRAL | The RSI value for WFC-Y is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests WFC-Y has a positive trend. |
| Stochastics (14,3) | 66.68 | NEUTRAL | The Stochastics value for WFC-Y is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for WFC-Y suggests low volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for WFC-Y suggests a possible start of a new trend. |
WELLS FARGO & COMPANY - WFC 5 5/8 PERP
NYSE:WFC-Y (6/18/2025, 8:04:00 PM)
22.5
-0.02 (-0.09%)