The Greedy Trader Weekly Analysis
Sign In Feb 27, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 2/20/2026 -
Sign In to see current Signals.

Wells Fargo (WFC) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Price is near the Fibonacci 38.2% retracement level
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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 45.31
Williams' Percentage Range (W%R) 77.30
Lane's Stochastic (%D-Slow) 27.52
Greed/Fear Indicator (GFI) 31.84
Moving Average Converg./Diverg. (MACD) -0.48
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.61
Williams' Percentage Range (W%R) 51.60
Lane's Stochastic (%D-Slow) 40.92
Greed/Fear Indicator (GFI) 47.84
Moving Average Converg./Diverg. (MACD) 3.41
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 103.28
Upper Bollinger Band 94.72
Parabolic System 91.58
50 Day Moving Average 91.51
Weekly Stochastic Crossing 90.32
20 Day Moving Average 89.88
Price 88.70
Daily Stochastic Crossing 88.03
Lower Bollinger Band 84.74
Sector and Industry
Description Name Rank
Sector Financials 4
Industry Diversified Banks 40
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 95.09
High Date 02/09/2026
Low 85.09
Low Date 02/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 97.76
High Date 01/05/2026
Low 85.09
Low Date 02/13/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 58.42
Low Date 04/07/2025
High 97.76
High Date 01/05/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 103.28
Support 68.04
Low 35.25
Low Date 03/24/2023
High 97.76
High Date 01/05/2026
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 14.60
Support 56.99
Low 20.76
Low Date 10/29/2020
High 97.76
High Date 01/05/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.