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
Sector
Industry
CEO
Charles William Scharf
Website
Headquarters
San Francisco
Employees (FY)
226 K
Founded
1852
ISIN
US9497461015
FIGI
BBG00DGYT3P4
Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The company was founded by Henry Wells and William G. Fargo on March 18, 1852 and is headquartered in San Francisco, CA.
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.USD is 45.70 USD — it has decreased by 3.79% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on SIX exchange WELLS FARGO stocks are traded under the ticker WFC.USD.
WELLS FARGO is going to release the next earnings report on Jul 12, 2024. Keep track of upcoming events with our Earnings Calendar.
WFC.USD stock is 3.94% volatile and has beta coefficient of 1.01. Check out the list of the most volatile stocks — is WELLS FARGO there?
One year price forecast for WELLS FARGO has a max estimate of 70.00 USD and a min estimate of 55.00 USD.
WFC.USD 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 1.07 USD. See more details about WELLS FARGO earnings.
WELLS FARGO 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 20.21 B USD.
Yes, you can track WELLS FARGO financials in yearly and quarterly reports right on TradingView.
WFC.USD net income for the last quarter is 4.62 B USD, while the quarter before that showed 3.45 B USD of net income which accounts for 34.04% change. Track more WELLS FARGO financial stats to get the full picture.
Today WELLS FARGO has the market capitalization of 202.44 B, it has increased by 1.07% over the last week.
Yes, WFC.USD dividends are paid quarterly. The last dividend per share was 0.35 USD. As of today, Dividend Yield (TTM)% is 2.36%. Tracking WELLS FARGO dividends might help you take more informed decisions.
WELLS FARGO dividend yield was 2.64% in 2023, and payout ratio reached 26.90%. The year before the numbers were 2.66% and 34.98% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, WFC.USD 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 stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 226.00 K employees. See our rating of the largest employees — is WELLS FARGO on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So WELLS FARGO technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating WELLS FARGO stock shows the strong sell signal. See more of WELLS FARGO technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on WELLS FARGO future price: according to them, WFC.USD price has a max estimate of 70.00 USD and a min estimate of 55.00 USD. Read a more detailed WELLS FARGO forecast: see what analysts think of WELLS FARGO and suggest that you do with its stocks.