WELLS FARGO & CO (WFC) Stock Technical Analysis
NYSE:WFC - New York Stock Exchange, Inc. - US9497461015 - Common Stock - Currency: USD
Overall WFC gets a technical rating of 9 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that WFC is one of the better performing stocks in the market, outperforming 87% of all stocks.
WFC is part of the Banks industry. There are 404 other stocks in this industry. WFC outperforms 86% of them.
WFC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
WFC has an average volume of 15235000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WFC has a been trading in a tight range between 76.89 and 81.50.
WFC has an excellent technical rating, but the quality of the setup is only medium 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
61.70
82.23
5 important support areas can be observed.
- Support @76.50 from a trend line in the daily time frame.
- A support zone ranging from 73.86 to 74.94. 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.
- Support @62.32 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 79.15 to 81.42. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS87.3
Mansfield1.42
10 Day High81.3
10 Day Low77.33
20 Day High81.5
20 Day Low76.89
52 Week High81.5
52 Week Low50.15
Performance
1 Week-1.71%
2 Weeks-4.81%
1 Month0.09%
3 Month2.03%
6 Month36.68%
12 Month43.89%
2 Year65.7%
3 Year45.21%
5 Year89.72%
10 Year41.45%
15 Year183.47%
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)-0.42
RSI(14)48.13
LBB77.48
UBB81.64
77.5
-1.13 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.44%
1 Week-1.71%
2 Weeks-4.81%
1 Month0.09%
3 Month2.03%
6 Month36.68%
12 Month43.89%
2 Year65.7%
3 Year45.21%
5 Year89.72%
10 Year41.45%
15 Year183.47%
Volatility
ATR(14)1.66
ATR(20)%1.91%
ATR Inc48.4%
Range Today2.12
ADR(20)1.43
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.3
Mansfield1.42
10 Day High81.3
10 Day Low77.33
20 Day High81.5
20 Day Low76.89
52 Week High81.5
52 Week Low50.15
CS1 End76.5
CR1 Start79.15
Volume & EV
DER(3)-3.32%
DER(5)-1.6%
Volume18.21M
Volume Incr7.86%
Vol(5)15.95M
Vol(50)15.23M