WELLS FARGO & CO (WFC)

US9497461015 - Common Stock

70.34  +1.49 (+2.16%)

After market: 70.45 +0.11 (+0.16%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to WFC. In the last year, WFC was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month WFC has a been trading in the 68.61 - 78.13 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, WFC did better than 90% of all other stocks. On top of that, WFC also shows a nice and consistent pattern of rising prices.
WFC is one of the better performing stocks in the Banks industry, it outperforms 95% of 406 stocks in the same industry.
WFC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WFC is performing more or less in line with the market.
WFC has an average volume of 19119900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
WFC Weekly chart
WFC Daily chart
Setup Rating and Analysis

5

Although WFC has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

67.69

71.04

We found 1 important support area.

  • A support zone ranging from 68.37 to 70.33. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS90.47
Mansfield0.94
10 Day High74.55
10 Day Low68.61
20 Day High78.13
20 Day Low68.61
52 Week High78.13
52 Week Low46.12
Performance
1 Week-0.14%
2 Weeks-5.37%
1 Month-6%
3 Month24.96%
6 Month21.07%
12 Month43.03%
2 Year70.36%
3 Year46.6%
5 Year30.74%
10 Year28.31%
15 Year160.62%
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)-0.79
RSI(14)46.22
LBB68.23
UBB75.11
WFC Daily chart

WELLS FARGO & CO

NYSE:WFC (12/20/2024, 8:04:00 PM)

After market: 70.45 +0.11 (+0.16%)

70.34

+1.49 (+2.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.16%
1 Week-0.14%
2 Weeks-5.37%
1 Month-6%
3 Month24.96%
6 Month21.07%
12 Month43.03%
2 Year70.36%
3 Year46.6%
5 Year30.74%
10 Year28.31%
15 Year160.62%
Volatility
ATR(14)1.77
ATR(20)%2.47%
ATR Inc22.48%
Range Today2.27
ADR(20)1.71
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.47
Mansfield0.94
10 Day High74.55
10 Day Low68.61
20 Day High78.13
20 Day Low68.61
52 Week High78.13
52 Week Low46.12
CS1 End70.33
CR1 StartN/A
Volume & EV
DER(3)-0.64%
DER(5)0.51%
Volume50.11M
Volume Incr55.75%
Vol(5)25.59M
Vol(50)19.12M