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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Wells Fargo & Company (NYSE:WFC)

Sidelines Mode (+55) - WFC 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?

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
40.92 41.20 40.72 40.90 +0.04
Entry Signal

MarketClub’s Trade Triangles for WFC

long term up The long-term trend has been UP since Jul 3rd, 2023 at 43.340

intermediate term up The intermediate-term trend has been UP since Sep 12th, 2023 at 42.865

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 42.770

Smart Scan Analysis for WFC

Based on our trend formula, WFC is rated as a +55 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
40.92 41.20 40.72 40.90 +0.04
Prev. Close Volume Bid Ask Time
40.86 10553583 2023-09-28 15:59:41
Year High66.31Year High Date2018-01-29
Year Low50.02Year Low Date2018-10-24
52wk High48.8452wk High Date2023-02-14
52wk Low35.2552wk Low Date2023-03-24
Year End Close34.18Average Volume17,101,655
Shares Outstanding1,823,028Short Interest35,184,408
% Institutional80Market Cap215,238M
P/E Ratio10.215Beta1.21
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