Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Wells Fargo & Company Depositary Shares, each representing a 1/1,000th interest in a share of Non-Cumulative Perpetual Class A Preferred Stock, Series Y (NYSE:WFC.PR.Y)
Sidelines Mode (-55) - WFC.PR.Y is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WFC.PR.Y?
MarketClub looks at technical strength and momentum to determine if the timing is right for WFC.PR.Y.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WFC.PR.Y
The long-term trend has been DOWN since Oct 3rd, 2023 at 22.2600
The intermediate-term trend has been UP since Nov 2nd, 2023 at 22.1202
The short-term trend has been DOWN since Nov 29th, 2023 at 23.1719
Smart Scan Analysis for WFC.PR.Y
Based on our trend formula, WFC.PR.Y is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||25.95||Year High Date||2018-01-02|
|Year Low||24.09||Year Low Date||2018-10-08|
|52wk High||24.89||52wk High Date||2023-02-02|
|52wk Low||21.081||52wk Low Date||2023-10-20|