WFC NEWS why is Wells Fargo & Company price falling or rising

WFC NEWS reasons for why stock price of Wells Fargo & Company is falling or rising

WFC Wells Fargo is falling or rising technical reasons

Technical analysis forecast for Wells Fargo Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Wells Fargo WFC at this time. Stock is falling and might fall more.

It appears as if Wells Fargo WFC gave a large move recently.

Stock of Wells Fargo (WFC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Wells Fargo is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 52.1 as stoploss in an intra day buy trade for a target of 55.56. However, stock will show a bearish move below 52.1.

WFC Wells Fargo is falling or rising NEWS fundamental reasons

Wells Fargo Upgrades Prudential Financial (WBAG:PRU) Fintel reports that on August 12, 2024, Wells Fargo upgraded their outlook for Prudential Financial (WBAG:PRU) from Underweight to Equal-Weight. - NEWS as on 2024-08-13 nasdaq.com

Morgan Stanley, Wells Fargo, HDFC among Nexus Select units buyers Morgan Stanley Asia Singapore and HDFC Flexicap Fund were among investors that bought Nexus Select Trust units valued at over ₹4,354 crore from Blackstone. This transaction reduced Blackstone's stake in the REIT from 43.1% to 22%. Units sold through open - NEWS as on 2024-08-10 indiatimes.com

Wells Fargo Downgrades Amgen (SNSE:AMGNCL) Fintel reports that on August 7, 2024, Wells Fargo downgraded their outlook for Amgen (SNSE:AMGNCL) from Overweight to Equal-Weight. - NEWS as on 2024-08-09 nasdaq.com

More announcements and NEWS

WFC Wells Fargo & Company current price & indicator signals

Moving Averages for Wells Fargo & Company

  • 5Day Average: 52.55
  • 12Day Average: 54.69
  • 20Day Average: 56.7
  • 50Day Average: 57.9
  • 100Day Average: 58.57
  • 150Day Average: 56.59
  • 200Day Average: 53.94

WFC Indicators & signals

Indicator MACD (12,26,9)

54.3, 56.17, -1.34
Indicator MACD is in negative zone

Indicator ADX (14)

34.12, 18.3, 37.25
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WFC Wells Fargo & Company are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Tue Aug 2024 52.87 51.81 to 52.96 1.56% 0.69 times
12 Mon Aug 2024 52.06 51.68 to 53.47 -1.33% 1.01 times
09 Fri Aug 2024 52.76 52.07 to 52.83 0% 0.63 times
08 Thu Aug 2024 52.76 52.65 to 53.32 0.9% 0.86 times
07 Wed Aug 2024 52.29 52.15 to 53.49 -0.13% 1.03 times
06 Tue Aug 2024 52.36 52.05 to 52.96 0.46% 1.05 times
05 Mon Aug 2024 52.12 50.15 to 52.40 -2.14% 1.6 times
02 Fri Aug 2024 53.26 52.80 to 55.57 -6.36% 1.55 times
01 Thu Aug 2024 56.88 56.52 to 59.34 -4.15% 0.99 times
31 Wed Jul 2024 59.34 59.20 to 60.12 -1.12% 0.65 times
30 Tue Jul 2024 60.01 59.88 to 60.73 0.7% 0.64 times
29 Mon Jul 2024 59.59 59.35 to 60.83 -1.32% 0.5 times

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