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Stock Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Wells Fargo & Company (NYSE:WFC)

Bull Market Weakness (+75) - WFC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WFC as it may be in the beginning stages of a reversal.

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.

NYSE_WFC
Open High Low WFC Price Change
60.80 61.70 60.78 61.46 +0.76
Entry Signal

MarketClub’s Trade Triangles for WFC

long term up The long-term trend has been UP since Dec 1st, 2023 at 44.750

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 58.075

short term down The short-term trend has been DOWN since May 16th, 2024 at 61.020

Smart Scan Analysis for WFC

Based on our trend formula, WFC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for WFC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.80 61.70 60.78 61.46 +0.76
Prev. Close Volume Bid Ask Time
61.46 14288413 2024-05-21 15:59:47
Year High66.31Year High Date2018-01-29
Year Low50.02Year Low Date2018-10-24
52wk High62.5552wk High Date2024-05-15
52wk Low38.38552wk Low Date2023-10-04
Year End Close34.18Average Volume17,278,412
Shares Outstanding3,486,315Short Interest35,184,408
% Institutional80Market Cap215,238M
Assets195,915,300MLiabilities177,821,000M
P/E Ratio12.6458Beta1.21
Volatility22.19
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