Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Wells Fargo & Company (NYSE:WFC)

Long-Term Downtrend (-90) - WFC is in a strong downtrend that is likely to continue. While WFC 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 WFC?

MarketClub looks at technical strength and momentum to determine if the timing is right for WFC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low WFC Price Change
37.470 37.640 37.210 37.574 +0.374
Entry Signal

MarketClub’s Trade Triangles for WFC

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 40.01

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 45.81

short term down The short-term trend has been DOWN since Mar 7th, 2023 at 45.38

Smart Scan Analysis for WFC

Based on our trend formula, WFC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for WFC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.470 37.640 37.210 37.574 +0.374
Prev. Close Volume Bid Ask Time
37.200 6265839 2023-03-23 11:11:28
Year High66.31Year High Date2018-01-29
Year Low50.02Year Low Date2018-10-24
52wk High53.352wk High Date2022-03-29
52wk Low36.5452wk Low Date2022-06-16
Year End Close34.18Average Volume30,653,715
Shares Outstanding3,793,868Short Interest35,184,408
% Institutional80Market Cap215,238M
P/E Ratio11.8471Beta1.21
Get a free daily analysis and signals for Wells Fargo & Company (WFC) - Request Your Free Report.