US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

WFC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $83.83 and reclaim $89.4.

Invalidation Trigger

Lose $83.83 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 52.1, MACD 0.032

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.24 (1.42%)

4h

EMA Structure

Bullish
EMA 8$87.82Bearish
EMA 21$87.36Bullish
EMA 50$86.48Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.1 · MACD 0.032

Neutral zone

Strength
Bullish
Volatility
ATR $1.24 · BB 5.01%

Low volatility

Strength
Bullish
Volume
MFI 66.8 · OBV 264.16%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$83.83 - $89.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.57% · 2.5 ATR above latest close

$90.64
Nearest resistance

+2.15% · 1.5 ATR above · 34-bar high

$89.4
Current price

Price shown is delayed

$87.52
Nearest support

-4.22% · 3.0 ATR below · 34-bar low

$83.83
Deeper support zone

-5.63% · 4.0 ATR below latest close

$82.59
ATR zone

Latest close ± ATR14

$86.28 - $88.76

Indicators

Trend

Dow Theory Structure

Confirmation $89.38, invalidation $86.5

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

Trend strength is moderate

14.6 / 22.6 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$84.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.28 / $85.96Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

Low volatility

$1.24 (1.42%)Bullish
Bollinger Bands (20,2)

Width 5.01%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$89.65 / $85.13Bullish
ATR channel lower / upper

Current Volatility Envelope

$86.28 / $88.76Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$89.4Range
Support

Nearest Downside Decision Level

$83.83Range

Momentum

RSI (14)

Neutral zone

52.1Range
MACD (12,26,9)

Histogram is positive

0.032Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.9 / 71.2Bearish
Williams %R (14)

Neutral zone

-38.1Range
CCI (20)

Balanced zone

27.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.8Bullish
OBV slope

20-period OBV slope

264.16%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Trend

Dow Theory Structure

Confirmation $89.38, invalidation $86.5

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

Trend strength is moderate

14.6 / 22.6 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$84.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$87.28 / $85.96Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Neutral zone

52.1Range
MACD (12,26,9)

Histogram is positive

0.032Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.9 / 71.2Bearish
Williams %R (14)

Neutral zone

-38.1Range
CCI (20)

Balanced zone

27.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$1.24 (1.42%)Bullish
Bollinger Bands (20,2)

Width 5.01%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$89.65 / $85.13Bullish
ATR channel lower / upper

Current Volatility Envelope

$86.28 / $88.76Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.8Bullish
OBV slope

20-period OBV slope

264.16%Bullish
Volume ratio

Relative to 20-period average volume

1.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$89.4Range
Support

Nearest Downside Decision Level

$83.83Range

Related Forecasts