Stock Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
WELLS FARGO (NYSE:WFC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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
The long term trend has been UP since Oct 31st, 2017 at 56.450
The intermediate term trend has been UP since Sep 18th, 2017 at 52.020
The short term trend has been UP since Nov 16th, 2017 at 54.115
Smart Scan Analysis for WFC
Based on a pre-defined weighted trend formula for chart analysis, WFC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||59.99||Year High Date||2017-03-01|
|Year Low||49.27||Year Low Date||2017-09-07|
|52wk High||59.99||52wk High Date||2017-03-01|
|52wk Low||49.27||52wk Low Date||2017-09-07|
|Year End Close||34.18||Average Volume||16,276,464|
|Shares Outstanding||5,264,273||Short Interest||35,184,408|