Bollinger Band Analysis Review of Wells Fargo & Company (NYSE:WFC)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Wells Fargo & Company (NYSE:WFC) for the period of 9-Day stands at 26.66% while the stochastic %D for the same period stands at 16.61%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Wells Fargo & Company (NYSE:WFC) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Wells Fargo & Company (NYSE:WFC) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indictor of a certain security, currently Wells Fargo & Company (NYSE:WFC)’s 20-Day Bollinger Band indicates “Hold”.

Previous Day Activity Analysis

On the last trading day, Wells Fargo & Company (NYSE:WFC) opened the session at $50 and after going up 2.18% closed at $50.66. The stock gained 0.66 points in the last trade.

Wells Fargo & Company (NYSE:WFC)’s stock fluctuated in the range of $49.94 and $50.80 during the previous active session. Wells Fargo & Company (NYSE:WFC) traded with the volume of 17.66 Million with average volume of 17.72 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.95 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.73 and 37.86 respectively.

Currently the Insider Ownership of the shares of Wells Fargo & Company (NYSE:WFC) is at 79.58% and the shares outstanding are 4.97 Billion.

Important Ratio Analysis

Some important ratios to consider here for Wells Fargo & Company (NYSE:WFC) are discussed below:

Dividend yield of Wells Fargo & Company (NYSE:WFC) stands at 3.08% whereas Price to Earnings P/E ratio stands at 12.48 while Forward P/E shows the value of 11.43.

The PEG ratio (Price to Earning to Growth) emits the value of 1.59. The Price to Sale P/S and Price to Book P/B shows the value of 4.46 and 1.41 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0.64 and 81.28 correspondingly.

The Quick Ratio of Wells Fargo & Company (NYSE:WFC) stands at 0 while the Current Ratio depicts the value of 0.

Return on Assets ROA of Wells Fargo & Company (NYSE:WFC) is at 1.1% whereas, Return on Equity ROE and Return of Investment ROI of Wells Fargo & Company (NYSE:WFC) stand at 11.6% and 7.9% respectively.

The payout ratio of Wells Fargo & Company (NYSE:WFC) stands at 37.1%.

Stock Performance Analysis

The stock performance of Wells Fargo & Company (NYSE:WFC) on the basis of 5 day trade show the dip of -0.61% whereas, the monthly performance of the stock shows decrease of -2.48%.

The quarterly performance of the stock remained in red zone with the value of -6.34% while six month performance of the shares of Wells Fargo & Company (NYSE:WFC) remained bearish with the count of -13.7%.

The yearly and YTD performance of Wells Fargo & Company (NYSE:WFC) remained mix at 3.98% and -8.07% respectively.