Logo image of WFC

WELLS FARGO & CO (WFC) Stock Technical Analysis

NYSE:WFC - New York Stock Exchange, Inc. - US9497461015 - Common Stock

77.85  +0.77 (+1%)

After market: 77.89 +0.04 (+0.05%)

Technical Rating and Analysis

10

Overall WFC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WFC is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WFC is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, WFC also shows a nice and consistent pattern of rising prices.
WFC is part of the Banks industry. There are 405 other stocks in this industry. WFC outperforms 95% of them.
A new 52 week high is currently being made by WFC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month WFC has a been trading in the 68.67 - 78.29 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WFC has an average volume of 17491900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WFC Weekly chart
WFC Daily chart
Setup Rating and Analysis

2

Although WFC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

68.07

78.64

3 important support areas can be observed.

  • A support zone ranging from 71.43 to 73.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @69.96 from a horizontal line in the weekly time frame.
  • Support @68.76 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 77.86 to 77.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS89.22
Mansfield1.65
10 Day High78.29
10 Day Low69.34
20 Day High78.29
20 Day Low68.67
52 Week High78.29
52 Week Low47.45
Performance
1 Week10.38%
2 Weeks9.17%
1 Month13.22%
3 Month20.64%
6 Month28.91%
12 Month54.71%
2 Year66.1%
3 Year44.7%
5 Year65.85%
10 Year49.94%
15 Year173.83%
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)0.77
RSI(14)71.43
LBB67.12
UBB78
WFC Daily chart

WELLS FARGO & CO

NYSE:WFC (1/21/2025, 8:04:00 PM)

After market: 77.89 +0.04 (+0.05%)

77.85

+0.77 (+1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1%
1 Week10.38%
2 Weeks9.17%
1 Month13.22%
3 Month20.64%
6 Month28.91%
12 Month54.71%
2 Year66.1%
3 Year44.7%
5 Year65.85%
10 Year49.94%
15 Year173.83%
Volatility
ATR(14)1.76
ATR(20)%2.12%
ATR Inc-12.24%
Range Today0.96
ADR(20)1.45
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.22
Mansfield1.65
10 Day High78.29
10 Day Low69.34
20 Day High78.29
20 Day Low68.67
52 Week High78.29
52 Week Low47.45
CS1 End73.37
CR1 Start77.86
Volume & EV
DER(3)2.42%
DER(5)2.77%
Volume21.06M
Volume Incr64.91%
Vol(5)24.00M
Vol(50)17.49M