US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

1 monthBullish83%
Monthly Upside probability 83%Bullish

WFC 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $46.12 and reclaim $97.76.

Invalidation Trigger

Lose $46.12 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 55.1, MACD -1.444

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $9.38 (11.48%)

Monthly

EMA Structure

Bullish
EMA 8$82.68Bearish
EMA 21$79.38Bullish
EMA 50$68.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.1 · MACD -1.444

Momentum is strong

Strength
Bearish
Volatility
ATR $9.38 · BB 26.55%

High volatility

Strength
Bearish
Volume
MFI 67.7 · OBV 28.03%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$46.12 - $97.76

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+31.13% · 2.7 ATR above latest close

$107.14
Nearest resistance

+19.65% · 1.7 ATR above · 34-bar high

$97.76
Current price

Price shown is delayed

$81.71
Nearest support

-43.55% · 3.8 ATR below · 34-bar low

$46.12
Deeper support zone

-55.03% · 4.8 ATR below latest close

$36.74
ATR zone

Latest close ± ATR14

$72.33 - $91.08

Indicators

Trend

Dow Theory Structure

Confirmation $97.76, invalidation $72.78

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.1 / 18.2 / 18.5Bearish
Supertrend (10,3)

Price is above Supertrend

$51.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$78.96 / $66.51Bullish
Donchian Channel (20)

20-period breakout channel position

59%Bullish

Volatility

ATR (14)

High volatility

$9.38 (11.48%)Bearish
Bollinger Bands (20,2)

Width 26.55%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.78 / $60.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.33 / $91.08Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$97.76Range
Support

Nearest Downside Decision Level

$46.12Range

Momentum

RSI (14)

Momentum is strong

55.1Bullish
MACD (12,26,9)

Histogram is negative

-1.444Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.7 / 39.7Bearish
Williams %R (14)

Neutral zone

-64.3Range
CCI (20)

Balanced zone

-14.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

67.7Bullish
OBV slope

20-period OBV slope

28.03%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Trend

Dow Theory Structure

Confirmation $97.76, invalidation $72.78

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

17.1 / 18.2 / 18.5Bearish
Supertrend (10,3)

Price is above Supertrend

$51.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$78.96 / $66.51Bullish
Donchian Channel (20)

20-period breakout channel position

59%Bullish

Momentum

RSI (14)

Momentum is strong

55.1Bullish
MACD (12,26,9)

Histogram is negative

-1.444Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.7 / 39.7Bearish
Williams %R (14)

Neutral zone

-64.3Range
CCI (20)

Balanced zone

-14.9Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$9.38 (11.48%)Bearish
Bollinger Bands (20,2)

Width 26.55%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$98.78 / $60.76Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.33 / $91.08Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

67.7Bullish
OBV slope

20-period OBV slope

28.03%Bullish
Volume ratio

Relative to 20-period average volume

0.18xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$97.76Range
Support

Nearest Downside Decision Level

$46.12Range

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