US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

WFC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $83.17 and stabilize above resistance $91.99.

Invalidation Trigger

Break above $91.99 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 41.1, MACD -0.167

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.74 (2.13%)

Daily

EMA Structure

Bearish
EMA 8$81.4Bullish
EMA 21$83.17Bearish
EMA 50$84.63Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.1 · MACD -0.167

Momentum is weak

Strength
Bearish
Volatility
ATR $1.74 · BB 16.51%

Low volatility

Strength
Range
Volume
MFI 16.6 · OBV -26.53%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$78 - $91.99

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.89% · 7.0 ATR above latest close

$93.73
Nearest resistance

+12.76% · 6.0 ATR above · 34-bar high

$91.99
Current price

Price shown is delayed

$81.58
Nearest support

-4.39% · 2.1 ATR below · 34-bar low

$78
Deeper support zone

-6.52% · 3.1 ATR below latest close

$76.26
ATR zone

Latest close ± ATR14

$79.84 - $83.32

Indicators

Trend

Dow Theory Structure

Confirmation $78, invalidation $82.18

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

Trend strength is active

62.8 / 15.3 / 52.3Bearish
Supertrend (10,3)

Price is above Supertrend

$75.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$82.72 / $85Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Low volatility

$1.74 (2.13%)Range
Bollinger Bands (20,2)

Width 16.51%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$86.26 / $79.85Range
ATR channel lower / upper

Current Volatility Envelope

$79.84 / $83.32Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.99Range
Support

Nearest Downside Decision Level

$78Range

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is negative

-0.167Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.1 / 33.1Bullish
Williams %R (14)

Neutral zone

-60.9Range
CCI (20)

Balanced zone

-62.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

16.6Bearish
OBV slope

20-period OBV slope

-26.53%Bearish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Trend

Dow Theory Structure

Confirmation $78, invalidation $82.18

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

Trend strength is active

62.8 / 15.3 / 52.3Bearish
Supertrend (10,3)

Price is above Supertrend

$75.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$82.72 / $85Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is negative

-0.167Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.1 / 33.1Bullish
Williams %R (14)

Neutral zone

-60.9Range
CCI (20)

Balanced zone

-62.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$1.74 (2.13%)Range
Bollinger Bands (20,2)

Width 16.51%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$86.26 / $79.85Range
ATR channel lower / upper

Current Volatility Envelope

$79.84 / $83.32Range

Volume / Money Flow

MFI (14)

Money flow is weak

16.6Bearish
OBV slope

20-period OBV slope

-26.53%Bearish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.99Range
Support

Nearest Downside Decision Level

$78Range

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