US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

1 hourRange49%
1h Range probability 98%Range

WFC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is above EMA21, short trend is constructive

Confirmation Trigger

Break either side of $83.72 - $85.5 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 52.3, MACD -0.023

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3535 (0.42%)

1h

EMA Structure

Range
EMA 8$84.86Bullish
EMA 21$84.86Bullish
EMA 50$84.87Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.3 · MACD -0.023

Neutral zone

Strength
Range
Volatility
ATR $0.3535 · BB 1.28%

Low volatility

Strength
Bullish
Volume
MFI 60.1 · OBV 5.64%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$83.72 - $85.5

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.04% · 2.5 ATR above latest close

$85.85
Nearest resistance

+0.62% · 1.5 ATR above · 34-bar high

$85.5
Current price

Price shown is delayed

$84.97
Nearest support

-1.47% · 3.5 ATR below · 34-bar low

$83.72
Deeper support zone

-1.89% · 4.5 ATR below latest close

$83.37
ATR zone

Latest close ± ATR14

$84.62 - $85.32

Indicators

Trend

Dow Theory Structure

Confirmation $83.72, invalidation $85.13

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

Trend strength is active

34.2 / 15.5 / 41.0Bearish
Supertrend (10,3)

Price is above Supertrend

$83.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.52 / $84.64Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

Low volatility

$0.3535 (0.42%)Bullish
Bollinger Bands (20,2)

Width 1.28%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$85.7 / $84.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.62 / $85.32Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.5Range
Support

Nearest Downside Decision Level

$83.72Range

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-0.023Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.2 / 68.6Bullish
Williams %R (14)

Overbought zone

-17.8Bearish
CCI (20)

Balanced zone

-7.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.1Bullish
OBV slope

20-period OBV slope

5.64%Bullish
Volume ratio

Relative to 20-period average volume

4.98xBullish

Trend

Dow Theory Structure

Confirmation $83.72, invalidation $85.13

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

Trend strength is active

34.2 / 15.5 / 41.0Bearish
Supertrend (10,3)

Price is above Supertrend

$83.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.52 / $84.64Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Neutral zone

52.3Range
MACD (12,26,9)

Histogram is negative

-0.023Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.2 / 68.6Bullish
Williams %R (14)

Overbought zone

-17.8Bearish
CCI (20)

Balanced zone

-7.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.3535 (0.42%)Bullish
Bollinger Bands (20,2)

Width 1.28%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$85.7 / $84.03Bullish
ATR channel lower / upper

Current Volatility Envelope

$84.62 / $85.32Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.1Bullish
OBV slope

20-period OBV slope

5.64%Bullish
Volume ratio

Relative to 20-period average volume

4.98xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$85.5Range
Support

Nearest Downside Decision Level

$83.72Range

Related Forecasts