Trading Signals: WFC Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

Trading Signals: WFC Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Wells Fargo & Company)
WFC latest price $49.6200 (0.34%) ($49.4350 - $49.8600) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.52% (three month average)
RSI   75
Latest Price   $49.6200(0.34%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WFC declines -0.3% a day on average for past five trading days.
Weekly Trend   WFC advances 4.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support WFC advance at 0% a week (0% probability)
OIH(97%)    XHB(97%)    ACES(91%)    XOP(91%)    EDOC(90%)
Factors Impacting WFC price   WFC will decline at least -0.76% in a week (0% probabilities).
TBT(-68%)    VIXM(-37%)    VXX(-35%)    SPLV(-4%)    XLP(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.76% (StdDev 1.52%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $49.63(-0.02%)
10 Day Moving Average   $48.99(1.29%)
20 Day Moving Average   $46.88(5.84%)
To recent high   -1.8%
To recent low   28.3%
Market Cap   $204.412b

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. The firm operates through the following segments: Community Banking, Wholesale Banking, Wealth & Investment Management, and Other. The Community Banking segment offers complete line of diversified financial products and services for consumers and small businesses including checking and savings accounts, credit and debit cards, and automobile, student, and small business lending. The Wholesale Banking segment provides financial solutions to businesses across the United States and globally. The Wealth and Investment Management segment includes personalized wealth management, investment and retirement products and services to clients across U.S. based businesses. The Other segment refers to the products of WIM customers served through community banking distribution channels. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.

$. WFC price fluctuates within 5.52% (three month std-dev: 1.52%) daily (68% of days).

Sample size 26 Average positive next day return: 1.51%(42%) Average negative next day return: -1.89%(58%) Sample size 26 Average positive next three day return: 3.85%(35%) Average negative next three day return: -2.92%(65%) Sample size 26 Average positive next weekly return: 10.16%(27%) Average negative next weekly return: -4.19%(73%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	42.54	46.88	48.99	49.63	49.68	49.56	49.62(0.34%)	UD	OpenLong	65	-0	40	-10	-8	182	3.44	62%	0.12	69.2	1.52%	0	1.1	75	1.4
2	Dec_21_2023	42.49	46.55	48.65	49.77	49.78	49.64	49.45(0.22%)	UD	OpenLong	65	-0.1	38	-20	-15	196	11.11	62%	0.09	73.1	1.56%	-1.4	1.1	75	0.6
3	Dec_20_2023	42.45	46.22	48.27	49.98	49.99	49.79	49.34(-1.5%)	UD	OpenLong	75	-0.2	60	-30	5	226	20.37	62%	0.09	76.1	1.57%	-1.4	1.2	76	0.3
4	Dec_19_2023	42.41	45.88	47.81	49.67	49.93	49.92	50.09(0.87%)	UT	HoldLong	65	0.2	76	10	24	232	20.48	62%	0.09	74.4	1.56%	0.5	1.6	84	0.7
5	Dec_18_2023	42.37	45.5	47.25	48.94	49.25	50.18	49.66(-1.29%)	UD	OpenLong	75	0.3	89	150	45	221	20.53	62%	0.07	74.3	1.56%	-1.2	1.7	84	0.8

6	Dec_15_2023	42.34	45.16	46.79	48.21	48.31	49.94	50.31(-0.4%)	UD	OpenLong	75	0.9	129	240	96	229	44.1	62%	0.12	74.9	1.55%	0.6	2.3	89	0.8
7	Dec_14_2023	42.29	44.75	46.23	47.37	47.21	48.32	50.51(5.76%)	UT	HoldLong	65	1.6	129	150	101	212	41.06	64%	0.09	79.1	1.55%	1.7	2.9	91	1.6
8	Dec_13_2023	42.25	44.34	45.6	46.35	46.25	46.67	47.76(2.78%)	UT	HoldLong	65	0.9	82	60	51	174	26.36	59%	0.05	92.6	1.41%	2.7	2.3	88	1.4
9	Dec_12_2023	42.23	44.05	45.19	45.69	45.75	46.09	46.47(1.02%)	UT	HoldLong	65	0.6	60	60	30	149	19.79	59%	0	94	1.37%	1.2	1.8	86	1.6
10	Dec_11_2023	42.23	43.77	44.89	45.3	45.38	45.83	46(-0.22%)	UD	OpenLong	75	0.5	53	70	27	130	21.11	59%	0	81.8	1.41%	1	1.6	82	1.4

11	Dec_8_2023	42.23	43.51	44.59	45.13	45.07	45.4	46.1(1.54%)	UT	HoldLong	65	0.7	53	50	28	126	20.24	60%	-0.02	75.2	1.41%	1.9	1.9	80	1.2
12	Dec_7_2023	42.24	43.23	44.27	44.91	44.86	44.92	45.4(2.02%)	UT	HoldLong	65	0.4	39	10	14	115	18.78	57%	-0.02	71	1.41%	1.9	1.6	79	1
13	Dec_6_2023	42.25	43.01	44.01	44.75	44.79	44.74	44.5(0.02%)	UT	OpenLong	75	-0.2	30	-10	5	105	18.92	56%	-0.02	74.1	1.41%	-1.1	1.1	69	1.2
14	Dec_5_2023	42.26	42.83	43.83	44.61	44.63	44.81	44.49(-1.47%)	UD	OpenLong	75	-0.1	35	30	11	105	14.53	56%	0	75.7	1.42%	-1.2	1.2	75	1.3
15	Dec_4_2023	42.26	42.67	43.66	44.38	44.41	44.84	45.16(0.3%)	UT	HoldLong	65	0.6	59	70	37	126	10.63	57%	0.05	79.9	1.4%	1	1.8	88	1.4

16	Dec_1_2023	42.24	42.49	43.43	43.96	43.97	44.46	45.02(0.96%)	UT	HoldLong	65	0.9	62	80	41	124	17.5	57%	0.02	89.4	1.41%	1.3	2	86	1.3
17	Nov_30_2023	42.23	42.26	43.17	43.54	43.48	43.98	44.59(1.85%)	UT	HoldLong	65	0.9	58	80	37	121	23.25	57%	0.02	90.4	1.41%	1.5	2	86	1.4
18	Nov_29_2023	42.22	42.01	42.98	43.17	43.16	43.47	43.78(0.95%)	UT	OpenLong	75	0.5	53	50	31	119	16.74	56%	0.02	85.6	1.4%	1.1	1.6	74	1.3
19	Nov_28_2023	42.21	41.81	42.8	42.94	42.89	42.98	43.37(0.81%)	UT	OpenLong	75	0.4	37	10	12	111	15.33	57%	0.05	80.9	1.39%	1.8	1.3	72	1.5
20	Nov_27_2023	42.19	41.61	42.56	42.82	42.73	42.85	43.02(0.23%)	UT	OpenLong	75	0.2	26	10	2	97	15.71	57%	0	76	1.4%	1.2	1.2	65	1.3

21	Nov_24_2023	42.19	41.41	42.35	42.81	42.72	42.8	42.92(0.33%)	UT	OpenLong	75	0.1	31	10	10	95	5.29	57%	-0.05	65.7	1.4%	0	1.2	61	1.4
22	Nov_22_2023	42.21	41.24	42.11	42.73	42.7	42.61	42.78(0.42%)	UD	OpenLong	65	0	21	-20	-1	88	11.86	54%	0.02	57.3	1.39%	0.5	1.2	68	1.2
23	Nov_21_2023	42.2	41.06	41.94	42.74	42.7	42.65	42.6(-0.44%)	UD	OpenLong	65	-0.1	24	-10	-2	102	16.08	54%	-0.02	49.7	1.42%	-0.9	1.2	72	1.3
24	Nov_20_2023	42.21	40.89	41.78	42.64	42.67	42.79	42.79(-0.4%)	UD	OpenLong	75	0.1	47	20	22	120	10.37	54%	0	39.6	1.42%	1	1.5	72	1.4
25	Nov_17_2023	42.21	40.72	41.63	42.24	42.44	42.69	42.96(1.01%)	UT	OpenLong	75	0.6	53	60	30	120	13.89	54%		25	1.42%	1.2	1.8	75	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD