11/10 Mid Week Watch - $WFCMy level: 49.70
Why: strong name, prior low, annual pivot, prior monthly pivot
Notes: The name was super strong. I’ve been watching this name and have it on swing.
4.84USD
19.14 BUSD
116.22 BUSD
3.54 B
About WELLS FARGO & COMPANY
Sector
Industry
CEO
Charles William Scharf
Website
Headquarters
San Francisco
Employees (FY)
226 K
Founded
1852
ISIN
US9497461015
FIGI
BBG009STMY43
Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Company offers its services under three categories: personal, small business and commercial. It provides retail, commercial and corporate banking services through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.
Wells Fargo Breakout and retest doneBreak out and retest done with good volume spikes and bullish indication from moving average.
Events :
- surprise earnings +
- Double dividend +
Downside side : -
Banking sector is too much dependent on governance and social environment. Though, No negative news have been rotating in the market,
Well Fargo - Bearish Head and Shoulder and retest of necklineSell Wells Fargo at 49.61 Stoploss 51.5 Target 48 45.5
WELLS FARGO weekly chart studyWFC could fall towards $47-$43.50 levels if weekly candle closes below $52
Wells Fargo buy setupWells Fargo is currently near channel bottom and 200 weekly SMA. One can buy between $54-$53.50
T1: 66
T2: 75
T3: 80
SL: 49
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Frequently Asked Questions
The current price of WFC is 51.55 USD — it has increased by 4.78% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BVL exchange WELLS FARGO & COMPANY stocks are traded under the ticker WFC.
WELLS FARGO & COMPANY is going to release the next earnings report on Jul 12, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for WELLS FARGO & COMPANY has a max estimate of 70.00 USD and a min estimate of 55.00 USD.
WFC earnings for the last quarter are 0.86 USD whereas the estimation was 0.86 USD which accounts for 0.48% surprise. Estimated earnings for the next quarter are 1.06 USD. See more details about WELLS FARGO & COMPANY earnings.
WELLS FARGO & COMPANY revenue for the last quarter amounts to 20.48 B USD despite the estimated figure of 20.30 B USD. In the next quarter revenue is expected to reach 20.19 B USD.
Yes, you can track WELLS FARGO & COMPANY financials in yearly and quarterly reports right on TradingView.
Like other stocks, WFC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade WELLS FARGO & COMPANY stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 226.00 K employees. See our rating of the largest employees — is WELLS FARGO & COMPANY on this list?