WESTERN ALLIANCE BANCORP (WAL)
US9576381092 - Common Stock
We assign a technical rating of 2 out of 10 to WAL. In the last year, WAL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month WAL has a been trading in the 82.01 - 98.09 range, which is quite wide. It is currently trading near the lows of this range.
WAL has an average volume of 1231100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that WAL is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
WAL is an average performer in the Banks industry, it outperforms 67% of 406 stocks in the same industry.
WAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WAL is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of WAL 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
72.94
97.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 82.74 to 84.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.55 from a horizontal line in the daily time frame.
- Support @73.68 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 87.34 to 89.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 93.74 to 93.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 96.10 to 96.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.83
10 Day High95
10 Day Low82.01
20 Day High98.1
20 Day Low82.01
52 Week High98.1
52 Week Low53.75
Performance
1 Week-5.66%
2 Weeks-9.73%
1 Month-7.3%
3 Month-3.5%
6 Month43.42%
12 Month29.03%
2 Year42.08%
3 Year-21.39%
5 Year48.46%
10 Year204.39%
15 Year2138.62%
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)-1.17
RSI(14)38.43
LBB82.93
UBB96.27
WESTERN ALLIANCE BANCORP
NYSE:WAL (12/20/2024, 8:04:00 PM)
After market: 86 +1.38 (+1.63%)84.62
+1.76 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.12%
1 Week-5.66%
2 Weeks-9.73%
1 Month-7.3%
3 Month-3.5%
6 Month43.42%
12 Month29.03%
2 Year42.08%
3 Year-21.39%
5 Year48.46%
10 Year204.39%
15 Year2138.62%
Volatility
ATR(14)2.77
ATR(20)%3.25%
ATR Inc38.3%
Range Today3.42
ADR(20)2.63
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.73
Mansfield0.83
10 Day High95
10 Day Low82.01
20 Day High98.1
20 Day Low82.01
52 Week High98.1
52 Week Low53.75
CS1 End84.61
CR1 Start87.34
Volume & EV
DER(3)-2.23%
DER(5)-1.03%
Volume3.54M
Volume Incr193.93%
Vol(5)2.03M
Vol(50)1.23M