US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

1 dayRange48%
Daily Range probability 96%Range

WFC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $82.52 - $90.17 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 52.8, MACD -0.072

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.84 (2.11%)

Daily

EMA Structure

Bullish
EMA 8$87.33Bearish
EMA 21$86.69Bullish
EMA 50$84.96Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.8 · MACD -0.072

Neutral zone

Strength
Bearish
Volatility
ATR $1.84 · BB 5.50%

Low volatility

Strength
Range
Volume
MFI 41.7 · OBV -11.88%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$82.52 - $90.17

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.67% · 2.7 ATR above latest close

$92.01
Nearest resistance

+3.56% · 1.7 ATR above · 34-bar high

$90.17
Current price

Price shown is delayed

$87.07
Nearest support

-5.22% · 2.5 ATR below · 34-bar low

$82.52
Deeper support zone

-7.33% · 3.5 ATR below latest close

$80.68
ATR zone

Latest close ± ATR14

$85.23 - $88.9

Indicators

Trend

Dow Theory Structure

Confirmation $83.71, invalidation $88.22

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

Trend strength is moderate

18.8 / 20.4 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$81.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.94 / $82.67Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Low volatility

$1.84 (2.11%)Range
Bollinger Bands (20,2)

Width 5.50%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$90.47 / $83.02Range
ATR channel lower / upper

Current Volatility Envelope

$85.23 / $88.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.17Range
Support

Nearest Downside Decision Level

$82.52Range

Momentum

RSI (14)

Neutral zone

52.8Range
MACD (12,26,9)

Histogram is negative

-0.072Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.0 / 67.3Bearish
Williams %R (14)

Neutral zone

-48.0Range
CCI (20)

Balanced zone

-15.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.7Bearish
OBV slope

20-period OBV slope

-11.88%Bearish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Trend

Dow Theory Structure

Confirmation $83.71, invalidation $88.22

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

Trend strength is moderate

18.8 / 20.4 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$81.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$86.94 / $82.67Bullish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

52.8Range
MACD (12,26,9)

Histogram is negative

-0.072Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

52.0 / 67.3Bearish
Williams %R (14)

Neutral zone

-48.0Range
CCI (20)

Balanced zone

-15.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.84 (2.11%)Range
Bollinger Bands (20,2)

Width 5.50%

52%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$90.47 / $83.02Range
ATR channel lower / upper

Current Volatility Envelope

$85.23 / $88.9Range

Volume / Money Flow

MFI (14)

Money flow is weak

41.7Bearish
OBV slope

20-period OBV slope

-11.88%Bearish
Volume ratio

Relative to 20-period average volume

0.26xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$90.17Range
Support

Nearest Downside Decision Level

$82.52Range

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