US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

1 dayBearish80%
Daily Downside probability 80%Bearish

WFC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $86 and stabilize above resistance $90.17.

Invalidation Trigger

Break above $90.17 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 44.8, MACD -0.344

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.52 (1.79%)

Daily

EMA Structure

Range
EMA 8$85.27Bearish
EMA 21$86Bearish
EMA 50$85.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.8 · MACD -0.344

Momentum is weak

Strength
Bearish
Volatility
ATR $1.52 · BB 8.08%

Low volatility

Strength
Range
Volume
MFI 51.3 · OBV 7.24%

Relative to 20-period average volume

Strength
Range
Price Levels
$83.48 - $90.17

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.91% · 4.4 ATR above latest close

$91.69
Nearest resistance

+6.12% · 3.4 ATR above · 34-bar high

$90.17
Current price

Price shown is delayed

$84.97
Nearest support

-1.75% · 1.0 ATR below · 34-bar low

$83.48
Deeper support zone

-3.54% · 2.0 ATR below latest close

$81.96
ATR zone

Latest close ± ATR14

$83.45 - $86.49

Indicators

Trend

Dow Theory Structure

Confirmation $83.48, invalidation $85.59

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.4 / 17.9 / 26.2Bearish
Supertrend (10,3)

Price is above Supertrend

$79.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.36 / $86.06Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$1.52 (1.79%)Range
Bollinger Bands (20,2)

Width 8.08%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.01 / $82.96Range
ATR channel lower / upper

Current Volatility Envelope

$83.45 / $86.49Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.17Range
Support

Nearest Downside Decision Level

$83.48Range

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is negative

-0.344Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.8 / 26.2Bearish
Williams %R (14)

Neutral zone

-75.2Range
CCI (20)

Balanced zone

-87.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

7.24%Bullish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Trend

Dow Theory Structure

Confirmation $83.48, invalidation $85.59

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

18.4 / 17.9 / 26.2Bearish
Supertrend (10,3)

Price is above Supertrend

$79.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.36 / $86.06Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is negative

-0.344Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.8 / 26.2Bearish
Williams %R (14)

Neutral zone

-75.2Range
CCI (20)

Balanced zone

-87.6Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$1.52 (1.79%)Range
Bollinger Bands (20,2)

Width 8.08%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$89.01 / $82.96Range
ATR channel lower / upper

Current Volatility Envelope

$83.45 / $86.49Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

7.24%Bullish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.17Range
Support

Nearest Downside Decision Level

$83.48Range

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