Wells Fargo Technical Analysis

Wells Fargo Company -- USA Stock  

USD 64.22  0.27  0.42%

Wells Fargo Company maintains Market Risk Adjusted Performance of (0.38), Mean Deviation of 0.7569 and Downside Deviation of 0.7028. Relative to Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Wells Fargo Company as well as the relationship between them. Specifically you can use this information to find out if the organization will indeed mirror its model of past data patterns or the prices will eventually revert. We found nineteen technical drivers for Wells Fargo which can be compared to its rivals. Please check out Wells Fargo Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Wells Fargo is priced fairly providing market reflects its latest price of 64.22 per share. Given that Wells Fargo Company has Jensen Alpha of 0.3753, we strongly advise you confirm Wells Fargo prevalent market performance to make sure the company can sustain itself at future point.
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Wells Fargo Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Wells Fargo Trend Analysis

Use this graph to draw trend lines for Wells Fargo Company. 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 Company applied against its price change over selected period. The best fit line has a slop of 0.17 % which may imply that Wells Fargo Company will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 24.41, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.

Current Sentiment - WFC

Wells Fargo Investor Sentiment
Predominant part of Macroaxis users are at this time bullish on Wells Fargo Company. What is your outlook on investing in Wells Fargo Company? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Wells Fargo Company is rated fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.28  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Wells Fargo Company is roughly  1.28