US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

1 weekBearish67%
Weekly Downside probability 67%Bearish

WFC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $84.36 and stabilize above resistance $91.99.

Invalidation Trigger

Break above $91.99 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 49.0, MACD -0.481

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $4.5 (5.37%)

Weekly

EMA Structure

Range
EMA 8$83.96Bearish
EMA 21$84.36Bearish
EMA 50$83.28Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.0 · MACD -0.481

Neutral zone

Strength
Bearish
Volatility
ATR $4.5 · BB 12.15%

High volatility

Strength
Bearish
Volume
MFI 49.7 · OBV 20.20%

Relative to 20-period average volume

Strength
Range
Price Levels
$72.78 - $91.99

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.32% · 2.9 ATR above latest close

$96.49
Nearest resistance

+9.94% · 1.9 ATR above · 34-bar high

$91.99
Current price

Price shown is delayed

$83.67
Nearest support

-13.02% · 2.4 ATR below · 34-bar low

$72.78
Deeper support zone

-18.4% · 3.4 ATR below latest close

$68.28
ATR zone

Latest close ± ATR14

$79.17 - $88.17

Indicators

Trend

Dow Theory Structure

Confirmation $78, invalidation $84.73

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

Trend strength is active

32.7 / 13.1 / 23.4Bearish
Supertrend (10,3)

Price is above Supertrend

$69.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$83.69 / $85.27Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Volatility

ATR (14)

High volatility

$4.5 (5.37%)Bearish
Bollinger Bands (20,2)

Width 12.15%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.49 / $75.25Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.17 / $88.17Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.99Range
Support

Nearest Downside Decision Level

$72.78Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is negative

-0.481Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.5 / 38.0Bullish
Williams %R (14)

Neutral zone

-59.5Range
CCI (20)

Balanced zone

-60.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

20.20%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $78, invalidation $84.73

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

Trend strength is active

32.7 / 13.1 / 23.4Bearish
Supertrend (10,3)

Price is above Supertrend

$69.68Bullish
Ichimoku Cloud

Cloud Span A / Span B

$83.69 / $85.27Bearish
Donchian Channel (20)

20-period breakout channel position

41%Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is negative

-0.481Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.5 / 38.0Bullish
Williams %R (14)

Neutral zone

-59.5Range
CCI (20)

Balanced zone

-60.9Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$4.5 (5.37%)Bearish
Bollinger Bands (20,2)

Width 12.15%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$93.49 / $75.25Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.17 / $88.17Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

20.20%Bullish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.99Range
Support

Nearest Downside Decision Level

$72.78Range

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