WELLS FARGO & COMPANY - WFC 4 3/4 PERP (WFC-Z) Stock Technical Analysis
NYSE:WFC-Z - New York Stock Exchange, Inc. - US94988U1512 - Currency: USD
We assign a technical rating of 3 out of 10 to WFC-Z. In the past year, WFC-Z was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, WFC-Z does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 19.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.08, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.10
When analyzing the support we notice one important area.
- A support zone ranging from 18.28 to 19.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.16 to 19.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.16 from a horizontal line in the daily time frame.
- Resistance @20.61 from a horizontal line in the daily time frame.
- Resistance @21.70 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 WFC-Z is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WFC-Z is up. |
| ChartMill Relative Strength | 25.07 | NEGATIVE | WFC-Z has a low relative strength, it was outperformed by 74.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WFC-Z is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WFC-Z is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WFC-Z is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.86 | NEUTRAL | The RSI value for WFC-Z is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WFC-Z has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.46 | NEUTRAL | The Stochastics value for WFC-Z is a neutral value. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for WFC-Z suggests low volalility. |
| Average Directional Index/ADX (14) | 13.98 | NEGATIVE | The low ADX value for WFC-Z suggests a weak or negative trend. |
WELLS FARGO & COMPANY - WFC 4 3/4 PERP
NYSE:WFC-Z (7/28/2025, 8:04:00 PM)
After market: 19.135 +0.03 (+0.13%)19.11
-0.05 (-0.26%)