Wells Fargo Global Fund Technical Analysis
| EKGYX Fund | USD 39.08 0.05 0.13% |
As of the 18th of April 2024, Wells Fargo maintains the Standard Deviation of 0.9082, market risk adjusted performance of 0.3738, and Mean Deviation of 0.7144. Wells Fargo Global technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the fund's future prices. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for Wells Fargo Global, which can be compared to its peers. Please check out Wells Fargo Global standard deviation and potential upside to decide if Wells Fargo Global is priced fairly, providing market reflects its latest price of 39.08 per share.
Wells Fargo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wells, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WellsWells |
Wells Fargo technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Wells Fargo Global Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Wells Fargo Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wells Fargo Global Trend Analysis
Use this graph to draw trend lines for Wells Fargo Global. You can use it to identify possible trend reversals for Wells Fargo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Wells Fargo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wells Fargo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wells Fargo Global applied against its price change over selected period. The best fit line has a slop of 0.0013 , which may suggest that Wells Fargo Global market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.About Wells Fargo Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Wells Fargo Global on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Wells Fargo Global based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wells Fargo Global price pattern first instead of the macroeconomic environment surrounding Wells Fargo Global. By analyzing Wells Fargo's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Wells Fargo's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Wells Fargo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wells Fargo April 18, 2024 Technical Indicators
Most technical analysis of Wells help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Wells from various momentum indicators to cycle indicators. When you analyze Wells charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.3738 | |||
| Mean Deviation | 0.7144 | |||
| Coefficient Of Variation | (3,882) | |||
| Standard Deviation | 0.9082 | |||
| Variance | 0.8248 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 0.3638 | |||
| Maximum Drawdown | 4.9 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.26 | |||
| Skewness | (0.77) | |||
| Kurtosis | 1.36 |
Wells Fargo April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Wells stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 39.08 | ||
| Day Typical Price | 39.08 | ||
| Price Action Indicator | 0.02 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Wells Fargo Global. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Wells Mutual Fund please use our How to Invest in Wells Fargo guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.