Logo image of NWT.DE

WELLS FARGO & CO (NWT.DE) Stock Technical Analysis

FRA:NWT - Deutsche Boerse Ag - US9497461015 - Common Stock - Currency: EUR

65.67  -1.92 (-2.84%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to NWT. NWT 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.

NWT is one of the lesser performing stocks in the Banks industry. 71% of 99 stocks in the same industry do better.
In the last month NWT has a been trading in the 65.55 - 78.92 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.
Warning: NWT has an average volume of 719 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that NWT is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
NWT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
WELLS FARGO & CO / NWT Weekly stock chart
WELLS FARGO & CO / NWT Daily stock chart
Setup Rating and Analysis

3

The technical rating of NWT 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.

Support and Resistance Analysis

49.27

78.84

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 65.66 to 65.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @52.64 from a trend line in the weekly time frame.
  • Support @49.77 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @74.91 from a horizontal line in the daily time frame.
  • Resistance @78.06 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.79
Mansfield0.7
10 Day High75.36
10 Day Low65.55
20 Day High78.92
20 Day Low65.55
52 Week High78.92
52 Week Low45.95
Performance
1 Week-12.33%
2 Weeks-13.05%
1 Month-15.87%
3 Month-6.48%
6 Month24.33%
12 Month25.52%
2 Year90.38%
3 Year47.77%
5 Year143.22%
10 Year29.04%
15 YearN/A
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)-1.16
RSI(14)28.41
LBB65.26
UBB80.09
WELLS FARGO & CO / NWT Daily stock chart

WELLS FARGO & CO

FRA:NWT (3/7/2025, 7:00:00 PM)

65.67

-1.92 (-2.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.84%
1 Week-12.33%
2 Weeks-13.05%
1 Month-15.87%
3 Month-6.48%
6 Month24.33%
12 Month25.52%
2 Year90.38%
3 Year47.77%
5 Year143.22%
10 Year29.04%
15 YearN/A
Volatility
ATR(14)1.96
ATR(20)%2.6%
ATR Inc-12.83%
Range Today2.15
ADR(20)1.51
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.79
Mansfield0.7
10 Day High75.36
10 Day Low65.55
20 Day High78.92
20 Day Low65.55
52 Week High78.92
52 Week Low45.95
CS1 End65.66
CR1 Start74.91
Volume & EV
DER(3)-0.05%
DER(5)-0.04%
Volume377
Volume Incr7.16%
Vol(5)750.6
Vol(50)719.04