Wells Fargo Advantage Fund Technical Analysis

WTDVXDelisted Fund  USD 5.32  0.00  0.00%   
As of the 18th of April 2024, Wells Fargo maintains the Market Risk Adjusted Performance of (0.43), downside deviation of 12.88, and Mean Deviation of 3.79. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wells Fargo Advantage, as well as the relationship between them. 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 were able to interpolate and analyze data for nineteen technical drivers for Wells Fargo Advantage, which can be compared to its peers. Please check out Wells Fargo Advantage standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Wells Fargo Advantage is priced fairly, providing market reflects its latest price of 5.32 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 Wells
  
Wells Fargo's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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.
A focus of Wells Fargo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wells Fargo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Wells Fargo Advantage Technical Analysis

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Wells Fargo Advantage Trend Analysis

Use this graph to draw trend lines for Wells Fargo Advantage. 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 Advantage applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Wells Fargo Advantage will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.96, 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 Advantage 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 Advantage based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wells Fargo Advantage price pattern first instead of the macroeconomic environment surrounding Wells Fargo Advantage. 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.
Check out Your Current Watchlist to better understand how to build diversified portfolios. 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 real.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Wells Mutual Fund

If you are still planning to invest in Wells Fargo Advantage check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Wells Fargo's history and understand the potential risks before investing.
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