NYSE:WFC • US9497461015
Overall WFC gets a technical rating of 2 out of 10. WFC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
WFC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
71.38
When analyzing the support we can see 4 important areas.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The long term trend for WFC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WFC is down. |
| ChartMill Relative Strength | 61.05 | NEUTRAL | WFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.28 | NEUTRAL | The RSI value for WFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests WFC has a negative trend. |
| Stochastics (14,3) | 15.67 | OVERSOLD | The low Stochastics value suggests WFC may be oversold. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for WFC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.95 | NEGATIVE | The low ADX value for WFC suggests a weak or negative trend. |
87.4
+0.42 (+0.48%)
ChartMill assigns a technical rating of 2 / 10 to WFC.
The current trend direction for WELLS FARGO & CO (WFC) is Bullish.
WELLS FARGO & CO (WFC) has an RSI value of 41.2811. This indicates that the stock is currently neutral.
The MACD indicator for WELLS FARGO & CO (WFC) has a value of -0.465342, indicating a bearish trend.
WELLS FARGO & CO (WFC) has a support level at 86.96 and a resistance level at 89.35. Check the full technical report for our detailed analysis of WFC support and resistance levels.