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Archive - 2/20/2026 - Sign In to see current Signals. |
Wells Fargo (WFC) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Wells Fargo (WFC). During the week, the WFC gained 1.72 points, or 1.98%, and closed at 88.70 on Friday, February 20, 2026. Weekly volume was -31% below average.
Long-term trend: [See WFC long-term trend chart] A long-term uptrend had started on October 29, 2020 at 20.76 and reached 97.76 on January 5, 2026. WFC gained -77.00 points, or -370.91%, in 270 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (56.99) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See WFC medium-term trend chart] A medium-term uptrend had started on March 24, 2023 at 35.25 and reached 97.76 on January 5, 2026. WFC gained -62.51 points, or -177.33%, in 145 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 68.04 and resistance is at 103.28. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See WFC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 23, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See WFC short-term trend chart] A short-term downtrend had started on February 9, 2026 at 95.09 and reached 85.09 on February 13, 2026. WFC lost 10.00 points, or 10.52%, in 4 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See WFC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since February 11, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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