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Archive - 1/9/2026 - Sign In to see current Signals. |
Wells Fargo (WFC) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week for the Wells Fargo (WFC). During the week, the WFC climbed 0.75 points, or 0.79%, and closed at 95.95 on Friday, January 9, 2026. Weekly volume was -21% below average. WFC is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See WFC long-term trend chart] A long-term uptrend had started on October 29, 2020 at 20.76 and reached 97.76 on January 5, 2026. WFC gained -77.00 points, or -370.91%, in 270 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (56.26) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See WFC medium-term trend chart] A medium-term uptrend had started on March 24, 2023 at 35.25 and reached 97.76 on January 5, 2026. WFC gained -62.51 points, or -177.33%, in 145 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 66.77 and resistance is at 100.82. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See WFC weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since November 28, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See WFC short-term trend chart] A short-term uptrend had started on August 5, 2025 at 76.16 and reached 97.76 on January 5, 2026. WFC gained -21.60 points, or -28.36%, in 153 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (82.02) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See WFC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since January 6, 2026. The distance between MACD and the signal line is low, but getting bigger. The distance between the Bollinger Bands is falling, and it was 5.96% on Friday. It is 51.26% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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