WELLS FARGO & CO (WFC)
US9497461015 - Common Stock
Taking everything into account, WFC scores 1 out of 10 in our technical rating. WFC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
WFC is part of the Banks industry. There are 402 other stocks in this industry, of which 78% are performing better than WFC.
WFC has an average volume of 17228000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WFC turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
WFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WFC is lagging the market.
In the last month WFC has a been trading in the 50.22 - 59.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of WFC is bad and it also does not present a quality setup 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
42.17
61.71
When analyzing the support we can see 3 important areas.
- Support @52.75 from a horizontal line in the weekly time frame.
- Support @51.56 from a horizontal line in the daily time frame.
- Support @42.60 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 55.72 to 56.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.74 from a trend line in the daily time frame.
- A resistance zone ranging from 60.40 to 61.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.97
Mansfield-0.83
10 Day High59
10 Day Low50.22
20 Day High59
20 Day Low50.22
52 Week High62.55
52 Week Low38.39
Performance
1 Week-1.47%
2 Weeks-8%
1 Month-2.78%
3 Month-7.42%
6 Month-5.85%
12 Month30.46%
2 Year33.74%
3 Year15.9%
5 Year6.64%
10 Year3.7%
15 Year90.88%
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)-0.36
RSI(14)43.37
LBB51.13
UBB59.86
WELLS FARGO & CO
NYSE:WFC (9/16/2024, 8:04:00 PM)
Premarket: 53.78 -0.01 (-0.02%)53.79
+1.01 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.91%
1 Week-1.47%
2 Weeks-8%
1 Month-2.78%
3 Month-7.42%
6 Month-5.85%
12 Month30.46%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.73
ATR(20)%2.83%
ATR Inc
Range Today1.12
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 High59
10 Day Low50.22
20 Day High59
20 Day Low50.22
52 Week High62.55
52 Week Low38.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.07M
Volume Incr73.36%
Vol(5)25.48M
Vol(50)17.23M