US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

4 hoursRange50%
4h Range probability 100%Range

WFC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $77.4 - $87.08 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

4h
Momentum StateRange
Momentum mixed

RSI 54.1, MACD -0.164

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.38 (1.65%)

4h

EMA Structure

Bullish
EMA 8$84.37Bearish
EMA 21$83.67Bullish
EMA 50$81.87Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.1 · MACD -0.164

Neutral zone

Strength
Range
Volatility
ATR $1.38 · BB 3.89%

Low volatility

Strength
Range
Volume
MFI 43.2 · OBV 79.83%

Relative to 20-period average volume

Strength
Range
Price Levels
$77.4 - $87.08

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.37% · 3.3 ATR above latest close

$88.46
Nearest resistance

+3.72% · 2.3 ATR above · 34-bar high

$87.08
Current price

Price shown is delayed

$83.96
Nearest support

-7.81% · 4.7 ATR below · 34-bar low

$77.4
Deeper support zone

-9.46% · 5.7 ATR below latest close

$76.02
ATR zone

Latest close ± ATR14

$82.57 - $85.34

Indicators

Trend

Dow Theory Structure

Confirmation $81.96, invalidation $86.22

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

Trend strength is moderate

17.1 / 25.2 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$80.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.31 / $81Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Volatility

ATR (14)

Low volatility

$1.38 (1.65%)Range
Bollinger Bands (20,2)

Width 3.89%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$86.06 / $81.42Range
ATR channel lower / upper

Current Volatility Envelope

$82.57 / $85.34Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.08Range
Support

Nearest Downside Decision Level

$77.4Range

Momentum

RSI (14)

Neutral zone

54.1Range
MACD (12,26,9)

Histogram is negative

-0.164Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.0 / 48.2Bearish
Williams %R (14)

Neutral zone

-61.0Range
CCI (20)

Balanced zone

13.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

79.83%Bullish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Trend

Dow Theory Structure

Confirmation $81.96, invalidation $86.22

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

Trend strength is moderate

17.1 / 25.2 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$80.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$84.31 / $81Bearish
Donchian Channel (20)

20-period breakout channel position

39%Range

Momentum

RSI (14)

Neutral zone

54.1Range
MACD (12,26,9)

Histogram is negative

-0.164Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.0 / 48.2Bearish
Williams %R (14)

Neutral zone

-61.0Range
CCI (20)

Balanced zone

13.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.38 (1.65%)Range
Bollinger Bands (20,2)

Width 3.89%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$86.06 / $81.42Range
ATR channel lower / upper

Current Volatility Envelope

$82.57 / $85.34Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

79.83%Bullish
Volume ratio

Relative to 20-period average volume

0.23xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$87.08Range
Support

Nearest Downside Decision Level

$77.4Range

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