US stock / ETF

Wells Fargo & Co.

WFC · NYSE · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

WFC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $88.21 and stabilize above resistance $91.43.

Invalidation Trigger

Break above $91.43 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.0, MACD -0.302

4h
Volatility EnvironmentRange
Low volatility

ATR is $1.39 (1.6%)

4h

EMA Structure

Bearish
EMA 8$87.44Bearish
EMA 21$88.21Bearish
EMA 50$88.22Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.0 · MACD -0.302

Momentum is weak

Strength
Bearish
Volatility
ATR $1.39 · BB 6.19%

Low volatility

Strength
Range
Volume
MFI 37.9 · OBV 10.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$85.79 - $91.43

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.96% · 4.3 ATR above latest close

$92.82
Nearest resistance

+5.36% · 3.3 ATR above · 34-bar high

$91.43
Current price

Price shown is delayed

$86.78
Nearest support

-1.14% · 0.7 ATR below · 34-bar low

$85.79
Deeper support zone

-2.74% · 1.7 ATR below latest close

$84.4
ATR zone

Latest close ± ATR14

$85.39 - $88.17

Indicators

Trend

Dow Theory Structure

Confirmation $85.79, invalidation $88.16

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

Trend strength is moderate

18.7 / 22.5 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$83.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.34 / $88.61Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$1.39 (1.6%)Range
Bollinger Bands (20,2)

Width 6.19%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.8 / $85.57Range
ATR channel lower / upper

Current Volatility Envelope

$85.39 / $88.17Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.43Range
Support

Nearest Downside Decision Level

$85.79Range

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-0.302Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.5 / 19.7Bearish
Williams %R (14)

Oversold zone

-82.5Bullish
CCI (20)

Weak expansion

-106.8Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.9Bearish
OBV slope

20-period OBV slope

10.79%Bullish
Volume ratio

Relative to 20-period average volume

1.88xBullish

Trend

Dow Theory Structure

Confirmation $85.79, invalidation $88.16

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

Trend strength is moderate

18.7 / 22.5 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$83.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$88.34 / $88.61Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

40.0Bearish
MACD (12,26,9)

Histogram is negative

-0.302Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.5 / 19.7Bearish
Williams %R (14)

Oversold zone

-82.5Bullish
CCI (20)

Weak expansion

-106.8Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.39 (1.6%)Range
Bollinger Bands (20,2)

Width 6.19%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.8 / $85.57Range
ATR channel lower / upper

Current Volatility Envelope

$85.39 / $88.17Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.9Bearish
OBV slope

20-period OBV slope

10.79%Bullish
Volume ratio

Relative to 20-period average volume

1.88xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$91.43Range
Support

Nearest Downside Decision Level

$85.79Range

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