Stock Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
WELLS FARGO (NYSE:WFC.PR.O)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for WFC.PR.O
The long term trend has been UP since Apr 3rd, 2017 at 24.8100
The intermediate term trend has been DOWN since Oct 9th, 2017 at 24.9400
The short term trend has been UP since Oct 11th, 2017 at 25.0369
Smart Scan Analysis for WFC.PR.O
Based on a pre-defined weighted trend formula for chart analysis, WFC.PR.O scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.25||Year High Date||2017-08-23|
|Year Low||23.06||Year Low Date||2017-01-03|
|52wk High||25.65||52wk High Date||2016-10-24|
|52wk Low||22.49||52wk Low Date||2016-12-15|
|Year End Close||24.9||Average Volume||29,616|