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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Western Alliance Bancorporation (DE) (NYSE:WAL)
Long-Term Downtrend (-90) - WAL is in a strong downtrend that is likely to continue. While WAL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WAL?
MarketClub looks at technical strength and momentum to determine if the timing is right for WAL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for WAL
The long-term trend has been DOWN since Apr 16th, 2024 at 54.550
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 56.835
The short-term trend has been DOWN since Apr 2nd, 2024 at 61.830
Smart Scan Analysis for WAL
Based on our trend formula, WAL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.50 | 56.49 | 55.15 | 55.70 | +0.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.49 | 889889 | 2024-04-18 15:59:47 |
| Year High | 64.06 | Year High Date | 2018-06-07 |
| Year Low | 45.535 | Year Low Date | 2018-10-24 |
| 52wk High | 70.23 | 52wk High Date | 2024-01-29 |
| 52wk Low | 11.35 | 52wk Low Date | 2023-05-04 |
| Year End Close | 10.53 | Average Volume | 1,035,994 |
| Shares Outstanding | 110,180 | Short Interest | 4,127,724 |
| % Institutional | 67.9 | Market Cap | 4,904M |
| Assets | 708,620,000M | Liabilities | 647,840,000M |
| P/E Ratio | 8.4847 | Beta | 1.55 |
| Volatility | 35.34 |