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Wells Fargo & Company
Buy, Hold or Sell?

Let's analyse Wells Fargo & Company together

PenkeI guess you are interested in Wells Fargo & Company. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Wells Fargo & Company. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Wells Fargo & Company (30 sec.)










What can you expect buying and holding a share of Wells Fargo & Company? (30 sec.)

How much money do you get?

How much money do you get?
ARS0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
ARS50.13
Expected worth in 1 year
ARS53.26
How sure are you?
65.0%

+ What do you gain per year?

Total Gains per Share
ARS4.71
Return On Investment
0.0%

For what price can you sell your share?

Current Price per Share
ARS11,955.50
Expected price per share
ARS8,610 - ARS13,277
How sure are you?
50%
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1. Valuation of Wells Fargo & Company (5 min.)




Live pricePrice per Share (EOD)

ARS11,955.50

Intrinsic Value Per Share

ARS196.71 - ARS236.30

Total Value Per Share

ARS246.84 - ARS286.43

2. Growth of Wells Fargo & Company (5 min.)




Is Wells Fargo & Company growing?

Current yearPrevious yearGrowGrow %
How rich?$218.8m$219m-$174.3k-0.1%

How much money is Wells Fargo & Company making?

Current yearPrevious yearGrowGrow %
Making money$4.6b$4b$627.1m13.4%
Net Profit Margin22.6%21.2%--

How much money comes from the company's main activities?

3. Financial Health of Wells Fargo & Company (5 min.)




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What can you expect buying and holding a share of Wells Fargo & Company? (5 min.)

Welcome investor! Wells Fargo & Company's management wants to use your money to grow the business. In return you get a share of Wells Fargo & Company.

What can you expect buying and holding a share of Wells Fargo & Company?

First you should know what it really means to hold a share of Wells Fargo & Company. And how you can make/lose money.

Speculation

The Price per Share of Wells Fargo & Company is ARS11,956. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Wells Fargo & Company.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Wells Fargo & Company, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ARS50.13. Based on the TTM, the Book Value Change Per Share is ARS0.78 per quarter. Based on the YOY, the Book Value Change Per Share is ARS-0.20 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ARS0.40 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Wells Fargo & Company.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per ShareARS% of Price per Share
Usd Eps1.510.0%1.180.0%0.980.0%2.140.0%2.140.0%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Price Per Share8.09-5.08-2.50-2.10-2.10-
Price to Earnings Ratio1.34-1.08-0.68-1.21-1.21-
Price-to-Total Gains Ratio7,189.24-3,942.22--19,627.21--3,053.13--3,053.13-
Price to Book Ratio134.44-85.92-43.57-34.82-34.82-
Price-to-Total Gains Ratio7,189.24-3,942.22--19,627.21--3,053.13--3,053.13-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.3466
Number of shares69
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (69 shares)0.100.29
Gains per Year (69 shares)0.391.14
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
100-1001-9
201-1012-8
301-1012-7
411-1013-6
511-1024-5
612-1025-4
712-1026-3
812-1027-2
912-1037-1
1013-10380

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.01.00.095.0%19.01.00.095.0%19.01.00.095.0%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%13.07.00.065.0%13.07.00.065.0%13.07.00.065.0%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%9.03.00.075.0%13.07.00.065.0%13.07.00.065.0%13.07.00.065.0%
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Fundamentals of Wells Fargo & Company

About Wells Fargo & Company

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise 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 services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Its serves to independent offices and consumer banks. The company was founded in 1852 and is headquartered in San Francisco, California.

Fundamental data was last updated by Penke on 2024-02-21 20:02:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Wells Fargo & Company.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Wells Fargo & Company earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • A Net Profit Margin of 27.7% means that $0.28 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Wells Fargo & Company:

  • The MRQ is 27.7%. The company is making a huge profit. +2
  • The TTM is 22.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ27.7%TTM22.6%+5.1%
TTM22.6%YOY21.2%+1.4%
TTM22.6%5Y19.9%+2.7%
5Y19.9%10Y19.9%0.0%
1.1.2. Return on Assets

Shows how efficient Wells Fargo & Company is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • 253.4% Return on Assets means that Wells Fargo & Company generated $2.53 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Wells Fargo & Company:

  • The MRQ is 253.4%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 206.0%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ253.4%TTM206.0%+47.4%
TTM206.0%YOY175.8%+30.2%
TTM206.0%5Y173.8%+32.1%
5Y173.8%10Y173.8%0.0%
1.1.3. Return on Equity

Shows how efficient Wells Fargo & Company is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • 2,677.1% Return on Equity means Wells Fargo & Company generated $26.77 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Wells Fargo & Company:

  • The MRQ is 2,677.1%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 2,155.7%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ2,677.1%TTM2,155.7%+521.4%
TTM2,155.7%YOY1,860.7%+295.0%
TTM2,155.7%5Y1,795.3%+360.4%
5Y1,795.3%10Y1,795.3%0.0%
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1.2. Operating Efficiency of Wells Fargo & Company.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Wells Fargo & Company is operating .

  • Measures how much profit Wells Fargo & Company makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Wells Fargo & Company:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Wells Fargo & Company is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Diversified industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Wells Fargo & Company:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.167-0.167
5Y0.16710Y0.1670.000
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1.3. Liquidity of Wells Fargo & Company.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Wells Fargo & Company is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Diversified industry mean).
  • A Current Ratio of 0.27 means the company has $0.27 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Wells Fargo & Company:

  • The MRQ is 0.267. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.188. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.267TTM0.188+0.079
TTM0.188YOY0.267-0.079
TTM0.1885Y0.276-0.088
5Y0.27610Y0.2760.000
1.3.2. Quick Ratio

Measures if Wells Fargo & Company is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • A Quick Ratio of 0.10 means the company can pay off $0.10 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Wells Fargo & Company:

  • The MRQ is 0.103. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.076. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.103TTM0.076+0.027
TTM0.076YOY0.109-0.034
TTM0.0765Y0.128-0.052
5Y0.12810Y0.1280.000
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1.4. Solvency of Wells Fargo & Company.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Wells Fargo & Company assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Wells Fargo & Company to Banks - Diversified industry mean.
  • A Debt to Asset Ratio of 0.90 means that Wells Fargo & Company assets are financed with 90.4% credit (debt) and the remaining percentage (100% - 90.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Wells Fargo & Company:

  • The MRQ is 0.904. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.903. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.904TTM0.903+0.001
TTM0.903YOY0.905-0.001
TTM0.9035Y0.903+0.001
5Y0.90310Y0.9030.000
1.4.2. Debt to Equity Ratio

Measures if Wells Fargo & Company is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • A Debt to Equity ratio of 955.6% means that company has $9.56 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Wells Fargo & Company:

  • The MRQ is 9.556. The company is unable to pay all its debts with equity. -1
  • The TTM is 9.451. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ9.556TTM9.451+0.104
TTM9.451YOY9.602-0.150
TTM9.4515Y9.422+0.030
5Y9.42210Y9.4220.000
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2. Market Valuation of Wells Fargo & Company

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Wells Fargo & Company generates.

  • Above 15 is considered overpriced but always compare Wells Fargo & Company to the Banks - Diversified industry mean.
  • A PE ratio of 1.34 means the investor is paying $1.34 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Wells Fargo & Company:

  • The EOD is 2.378. Based on the earnings, the company is cheap. +2
  • The MRQ is 1.341. Based on the earnings, the company is cheap. +2
  • The TTM is 1.082. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.378MRQ1.341+1.038
MRQ1.341TTM1.082+0.259
TTM1.082YOY0.676+0.406
TTM1.0825Y1.210-0.129
5Y1.21010Y1.2100.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Wells Fargo & Company:

  • The EOD is 701.278. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 395.321. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1,041.288. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD701.278MRQ395.321+305.957
MRQ395.321TTM-1,041.288+1,436.609
TTM-1,041.288YOY2,415.347-3,456.634
TTM-1,041.2885Y226.416-1,267.704
5Y226.41610Y226.4160.000
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Wells Fargo & Company is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Diversified industry mean).
  • A PB ratio of 134.44 means the investor is paying $134.44 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Wells Fargo & Company:

  • The EOD is 238.485. Based on the equity, the company is expensive. -2
  • The MRQ is 134.438. Based on the equity, the company is expensive. -2
  • The TTM is 85.924. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD238.485MRQ134.438+104.047
MRQ134.438TTM85.924+48.514
TTM85.924YOY43.574+42.350
TTM85.9245Y34.816+51.108
5Y34.81610Y34.8160.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Wells Fargo & Company compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.5210.781-33%-0.199+138%2.507-79%2.507-79%
Book Value Per Share--50.13148.967+2%47.818+5%92.411-46%92.411-46%
Current Ratio--0.2670.188+42%0.267+0%0.276-3%0.276-3%
Debt To Asset Ratio--0.9040.903+0%0.9050%0.903+0%0.903+0%
Debt To Equity Ratio--9.5569.451+1%9.6020%9.422+1%9.422+1%
Dividend Per Share--0.4160.395+5%0.326+28%0.939-56%0.939-56%
Eps--1256.761981.659+28%819.553+53%1785.040-30%1785.040-30%
Free Cash Flow Per Share--4.2621.978+115%1.615+164%0.729+485%0.729+485%
Free Cash Flow To Equity Per Share--15.0283.191+371%-2.852+119%-0.242+102%-0.242+102%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--236.304--------
Intrinsic Value_10Y_min--196.709--------
Intrinsic Value_1Y_max--4.824--------
Intrinsic Value_1Y_min--4.727--------
Intrinsic Value_3Y_max--28.865--------
Intrinsic Value_3Y_min--27.266--------
Intrinsic Value_5Y_max--70.229--------
Intrinsic Value_5Y_min--63.948--------
Market Cap8605246005856.000-185%24517807682079.00015666848705972.500+56%7936492334659.625+209%6400429662777.650+283%6400429662777.650+283%
Net Profit Margin--0.2770.226+22%0.212+30%0.199+39%0.199+39%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%0.167-100%0.167-100%
Pb Ratio238.485+44%134.43885.924+56%43.574+209%34.816+286%34.816+286%
Pe Ratio2.378+44%1.3411.082+24%0.676+98%1.210+11%1.210+11%
Price Per Share11955.500+44%6739.5004234.000+59%2080.500+224%1746.725+286%1746.725+286%
Price To Free Cash Flow Ratio701.278+44%395.321-1041.288+363%2415.347-84%226.416+75%226.416+75%
Price To Total Gains Ratio12753.312+44%7189.2393942.225+82%-19627.208+373%-3053.127+142%-3053.127+142%
Quick Ratio--0.1030.076+36%0.109-6%0.128-19%0.128-19%
Return On Assets--2.5342.060+23%1.758+44%1.738+46%1.738+46%
Return On Equity--26.77121.557+24%18.607+44%17.953+49%17.953+49%
Total Gains Per Share--0.9371.176-20%0.127+641%3.445-73%3.445-73%
Usd Book Value--218847600.000218826000.000+0%219000300.0000%224496420.000-3%224496420.000-3%
Usd Book Value Change Per Share--0.0010.001-33%0.000+138%0.003-79%0.003-79%
Usd Book Value Per Share--0.0600.059+2%0.057+5%0.111-46%0.111-46%
Usd Dividend Per Share--0.0000.000+5%0.000+28%0.001-56%0.001-56%
Usd Eps--1.5081.178+28%0.983+53%2.142-30%2.142-30%
Usd Free Cash Flow--18606000.0008820300.000+111%7386000.000+152%2383800.000+681%2383800.000+681%
Usd Free Cash Flow Per Share--0.0050.002+115%0.002+164%0.001+485%0.001+485%
Usd Free Cash Flow To Equity Per Share--0.0180.004+371%-0.003+119%0.000+102%0.000+102%
Usd Market Cap10326295207.027-185%29421369218.49518800218447.167+56%9523790801.592+209%7680515595.333+283%7680515595.333+283%
Usd Price Per Share14.347+44%8.0875.081+59%2.497+224%2.096+286%2.096+286%
Usd Profit--5805523560.0004670995200.000+24%4043833560.000+44%3998834964.000+45%3998834964.000+45%
Usd Revenue--20996324760.00020581320930.000+2%18870468270.000+11%19721918214.000+6%19721918214.000+6%
Usd Total Gains Per Share--0.0010.001-20%0.000+641%0.004-73%0.004-73%
 EOD+2 -6MRQTTM+23 -10YOY+28 -55Y+15 -1910Y+15 -19

3.2. Fundamental Score

Let's check the fundamental score of Wells Fargo & Company based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152.378
Price to Book Ratio (EOD)Between0-1238.485
Net Profit Margin (MRQ)Greater than00.277
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.103
Current Ratio (MRQ)Greater than10.267
Debt to Asset Ratio (MRQ)Less than10.904
Debt to Equity Ratio (MRQ)Less than19.556
Return on Equity (MRQ)Greater than0.1526.771
Return on Assets (MRQ)Greater than0.052.534
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Wells Fargo & Company based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.529
Ma 20Greater thanMa 5012,183.100
Ma 50Greater thanMa 10011,236.720
Ma 100Greater thanMa 2009,292.270
OpenGreater thanClose11,523.500
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in ARS. All numbers in thousands.

Summary
Total Assets1,909,261,000
Total Liabilities1,726,888,000
Total Stockholder Equity180,715,000
 As reported
Total Liabilities 1,726,888,000
Total Stockholder Equity+ 180,715,000
Total Assets = 1,909,261,000

Assets

Total Assets1,909,261,000
Total Current Assets410,983,000
Long-term Assets-
Total Current Assets
Cash And Cash Equivalents 217,896,000
Short-term Investments 126,437,000
Net Receivables 32,143,000
Inventory 177,000
Other Current Assets 4,308,000
Total Current Assets  (as reported)410,983,000
Total Current Assets  (calculated)380,961,000
+/- 30,022,000
Long-term Assets
Property Plant Equipment 8,559,000
Goodwill 25,174,000
Long Term Investments 546,752,000
Intangible Assets 9,526,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)590,011,000
+/- 590,011,000

Liabilities & Shareholders' Equity

Total Current Liabilities1,536,853,000
Long-term Liabilities-
Total Stockholder Equity180,715,000
Total Current Liabilities
Short Long Term Debt 93,330,000
Accounts payable 1,354,010,000
Total Current Liabilities  (as reported)1,536,853,000
Total Current Liabilities  (calculated)1,447,340,000
+/- 89,513,000
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock9,136,000
Retained Earnings 199,287,000
Other Stockholders Equity -15,877,000
Total Stockholder Equity (as reported)180,715,000
Total Stockholder Equity (calculated)192,546,000
+/- 11,831,000
Other
Capital Stock28,584,000
Common Stock Shares Outstanding 3,637,927
Net Debt 65,469,000
Net Invested Capital 444,632,000
Net Tangible Assets 135,644,000
Property Plant and Equipment Gross 17,603,000



Balance Sheet

Currency in ARS. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-31
> Total Assets 
1,895,883,000
1,887,792,000
1,923,388,000
1,943,950,000
1,927,555,000
1,981,349,000
1,968,766,000
1,922,220,000
1,955,163,000
1,959,543,000
1,945,996,000
1,954,901,000
1,948,068,000
1,939,709,000
1,881,142,000
1,877,745,000
1,881,016,000
1,886,400,000
1,876,320,000
1,909,261,000
1,909,261,0001,876,320,0001,886,400,0001,881,016,0001,877,745,0001,881,142,0001,939,709,0001,948,068,0001,954,901,0001,945,996,0001,959,543,0001,955,163,0001,922,220,0001,968,766,0001,981,349,0001,927,555,0001,943,950,0001,923,388,0001,887,792,0001,895,883,000
   > Total Current Assets 
411,943,000
405,533,000
440,461,000
443,920,000
424,364,000
432,566,000
522,738,000
491,873,000
533,805,000
552,881,000
530,476,000
528,695,000
486,002,000
403,650,000
395,300,000
400,706,000
399,728,000
343,224,000
342,842,000
410,983,000
410,983,000342,842,000343,224,000399,728,000400,706,000395,300,000403,650,000486,002,000528,695,000530,476,000552,881,000533,805,000491,873,000522,738,000432,566,000424,364,000443,920,000440,461,000405,533,000411,943,000
       Cash And Cash Equivalents 
253,494,000
148,968,000
164,427,000
148,731,000
141,250,000
150,809,000
262,503,000
246,770,000
264,612,000
286,733,000
274,173,000
266,687,000
234,230,000
201,895,000
155,140,000
165,455,000
159,157,000
162,436,000
155,333,000
217,896,000
217,896,000155,333,000162,436,000159,157,000165,455,000155,140,000201,895,000234,230,000266,687,000274,173,000286,733,000264,612,000246,770,000262,503,000150,809,000141,250,000148,731,000164,427,000148,968,000253,494,000
       Short-term Investments 
0
268,099,000
265,983,000
271,236,000
263,459,000
251,229,000
228,899,000
220,573,000
220,392,000
200,850,000
189,897,000
16,032,000
177,244,000
168,436,000
125,832,000
115,835,000
113,594,000
144,398,000
134,251,000
126,437,000
126,437,000134,251,000144,398,000113,594,000115,835,000125,832,000168,436,000177,244,00016,032,000189,897,000200,850,000220,392,000220,573,000228,899,000251,229,000263,459,000271,236,000265,983,000268,099,0000
       Net Receivables 
34,281,000
38,682,000
32,390,000
46,208,000
29,137,000
46,762,000
31,794,000
34,524,000
38,116,000
28,065,000
24,372,000
19,014,000
20,831,000
25,308,000
30,683,000
26,576,000
23,646,000
33,487,000
34,237,000
32,143,000
32,143,00034,237,00033,487,00023,646,00026,576,00030,683,00025,308,00020,831,00019,014,00024,372,00028,065,00038,116,00034,524,00031,794,00046,762,00029,137,00046,208,00032,390,00038,682,00034,281,000
       Inventory 
451,000
436,000
377,000
437,000
303,000
252,000
195,000
156,000
159,000
140,000
129,000
121,000
112,000
130,000
130,000
125,000
137,000
132,000
133,000
177,000
177,000133,000132,000137,000125,000130,000130,000112,000121,000129,000140,000159,000156,000195,000252,000303,000437,000377,000436,000451,000
       Other Current Assets 
23,509,000
22,554,000
30,628,000
33,226,000
30,158,000
29,257,000
38,911,000
31,204,000
41,273,000
39,974,000
29,810,000
29,831,000
28,599,000
19,824,000
14,812,000
15,626,000
14,049,000
0
0
4,308,000
4,308,0000014,049,00015,626,00014,812,00019,824,00028,599,00029,831,00029,810,00039,974,00041,273,00031,204,00038,911,00029,257,00030,158,00033,226,00030,628,00022,554,00023,509,000
   > Long-term Assets 00000000000000000000
       Property Plant Equipment 
17,956,000
22,487,000
22,874,000
22,649,000
22,254,000
21,882,000
21,503,000
20,971,000
20,601,000
19,995,000
19,571,000
19,200,000
18,558,000
8,473,000
18,225,000
8,493,000
8,350,000
8,416,000
8,392,000
8,559,000
8,559,0008,392,0008,416,0008,350,0008,493,00018,225,0008,473,00018,558,00019,200,00019,571,00019,995,00020,601,00020,971,00021,503,00021,882,00022,254,00022,649,00022,874,00022,487,00017,956,000
       Goodwill 
26,418,000
26,420,000
26,415,000
26,388,000
26,390,000
26,381,000
26,385,000
26,387,000
26,392,000
26,290,000
26,194,000
26,191,000
25,180,000
25,181,000
25,178,000
25,172,000
25,173,000
25,173,000
25,175,000
25,174,000
25,174,00025,175,00025,173,00025,173,00025,172,00025,178,00025,181,00025,180,00026,191,00026,194,00026,290,00026,392,00026,387,00026,385,00026,381,00026,390,00026,388,00026,415,00026,420,00026,418,000
       Long Term Investments 
441,556,000
541,907,000
543,604,000
567,412,000
565,366,000
555,610,000
525,074,000
527,590,000
563,467,000
565,807,000
598,112,000
609,519,000
610,417,000
606,671,000
578,546,000
561,595,000
561,222,000
572,207,000
570,939,000
546,752,000
546,752,000570,939,000572,207,000561,222,000561,595,000578,546,000606,671,000610,417,000609,519,000598,112,000565,807,000563,467,000527,590,000525,074,000555,610,000565,366,000567,412,000543,604,000541,907,000441,556,000
       Intangible Assets 
16,637,000
15,271,000
13,982,000
12,920,000
13,370,000
9,931,000
8,555,000
8,032,000
7,437,000
8,832,000
8,009,000
8,415,000
8,189,000
9,753,000
10,386,000
11,027,000
10,480,000
9,950,000
9,345,000
9,526,000
9,526,0009,345,0009,950,00010,480,00011,027,00010,386,0009,753,0008,189,0008,415,0008,009,0008,832,0007,437,0008,032,0008,555,0009,931,00013,370,00012,920,00013,982,00015,271,00016,637,000
> Total Liabilities 
1,698,817,000
1,689,059,000
1,723,351,000
1,749,534,000
1,739,571,000
1,798,019,000
1,788,644,000
1,740,188,000
1,769,243,000
1,771,195,000
1,752,869,000
1,763,830,000
1,757,958,000
1,758,020,000
1,701,349,000
1,699,336,000
1,699,141,000
1,703,180,000
1,694,368,000
1,726,888,000
1,726,888,0001,694,368,0001,703,180,0001,699,141,0001,699,336,0001,701,349,0001,758,020,0001,757,958,0001,763,830,0001,752,869,0001,771,195,0001,769,243,0001,740,188,0001,788,644,0001,798,019,0001,739,571,0001,749,534,0001,723,351,0001,689,059,0001,698,817,000
   > Total Current Liabilities 
1,468,592,000
1,483,164,000
1,497,520,000
1,526,404,000
1,539,457,000
1,579,607,000
1,564,186,000
1,523,770,000
1,571,979,000
1,599,911,000
1,580,154,000
1,599,060,000
1,606,725,000
1,604,683,000
1,553,410,000
1,541,991,000
1,540,172,000
0
1,523,736,000
1,536,853,000
1,536,853,0001,523,736,00001,540,172,0001,541,991,0001,553,410,0001,604,683,0001,606,725,0001,599,060,0001,580,154,0001,599,911,0001,571,979,0001,523,770,0001,564,186,0001,579,607,0001,539,457,0001,526,404,0001,497,520,0001,483,164,0001,468,592,000
       Short-term Debt 
7,810,000
12,701,000
12,784,000
13,509,000
12,109,000
92,289,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000092,289,00012,109,00013,509,00012,784,00012,701,0007,810,000
       Short Long Term Debt 
7,810,000
12,701,000
12,784,000
13,509,000
12,109,000
13,253,000
10,826,000
11,169,000
58,999,000
58,920,000
45,635,000
12,535,000
34,409,000
33,601,000
37,075,000
48,382,000
51,145,000
81,007,000
84,255,000
93,330,000
93,330,00084,255,00081,007,00051,145,00048,382,00037,075,00033,601,00034,409,00012,535,00045,635,00058,920,00058,999,00011,169,00010,826,00013,253,00012,109,00013,509,00012,784,00012,701,0007,810,000
       Accounts payable 
1,286,170,000
1,264,013,000
1,288,426,000
1,308,495,000
1,322,626,000
1,376,532,000
1,410,711,000
1,383,215,000
1,404,381,000
1,437,119,000
1,440,472,000
1,470,379,000
1,482,479,000
1,481,354,000
1,425,153,000
1,398,151,000
1,383,985,000
0
0
1,354,010,000
1,354,010,000001,383,985,0001,398,151,0001,425,153,0001,481,354,0001,482,479,0001,470,379,0001,440,472,0001,437,119,0001,404,381,0001,383,215,0001,410,711,0001,376,532,0001,322,626,0001,308,495,0001,288,426,0001,264,013,0001,286,170,000
   > Long-term Liabilities 00000000000000000000
       Capital Lease Obligations 
0
0
0
0
32,000
0
0
0
28,000
0
0
0
26,000
0
0
0
22,000
0
0
0
00022,00000026,00000028,00000032,0000000
> Total Stockholder Equity
174,454,000
197,832,000
199,042,000
193,304,000
187,146,000
182,718,000
179,386,000
181,173,000
184,887,000
187,218,000
191,262,000
189,028,000
187,606,000
179,243,000
177,532,000
176,189,000
179,889,000
181,168,000
180,191,000
180,715,000
180,715,000180,191,000181,168,000179,889,000176,189,000177,532,000179,243,000187,606,000189,028,000191,262,000187,218,000184,887,000181,173,000179,386,000182,718,000187,146,000193,304,000199,042,000197,832,000174,454,000
   Common Stock
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
9,136,000
0
9,136,000
9,136,000
9,136,0009,136,00009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,0009,136,000
   Retained Earnings 
158,163,000
160,776,000
164,551,000
166,320,000
166,697,000
165,308,000
159,952,000
160,913,000
162,890,000
166,772,000
171,765,000
175,709,000
180,322,000
182,623,000
184,475,000
186,551,000
187,649,000
191,688,000
195,164,000
199,287,000
199,287,000195,164,000191,688,000187,649,000186,551,000184,475,000182,623,000180,322,000175,709,000171,765,000166,772,000162,890,000160,913,000159,952,000165,308,000166,697,000166,320,000164,551,000160,776,000158,163,000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000



Balance Sheet

Currency in ARS. All numbers in thousands.




Cash Flow

Currency in ARS. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue81,570,000
Cost of Revenue--
Gross Profit-81,570,000
 
Operating Income (+$)
Gross Profit-
Operating Expense--
Operating Income-0
 
Operating Expense (+$)
Research Development-
Selling General Administrative35,764,000
Selling And Marketing Expenses-
Operating Expense-35,764,000
 
Net Interest Income (+$)
Interest Income80,072,000
Interest Expense-27,035,000
Other Finance Cost-0
Net Interest Income53,037,000
 
Pretax Income (+$)
Operating Income-
Net Interest Income53,037,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)20,457,0000
EBIT - interestExpense = -27,035,000
18,356,000
45,391,000
Interest Expense27,035,000
Earnings Before Interest and Taxes (EBIT)-47,492,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax20,457,000
Tax Provision-2,514,000
Net Income From Continuing Ops17,943,00017,943,000
Net Income18,356,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--53,037,000
 

Technical Analysis of Wells Fargo & Company
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Wells Fargo & Company. The general trend of Wells Fargo & Company is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Wells Fargo & Company's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Wells Fargo & Company.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 13,277.

The bearish price targets are: 10,243 > 8,700 > 8,610.

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Wells Fargo & Company Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Wells Fargo & Company. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Wells Fargo & Company Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Wells Fargo & Company. The current macd is 102.75.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Wells Fargo & Company price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Wells Fargo & Company. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Wells Fargo & Company price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Wells Fargo & Company Daily Moving Average Convergence/Divergence (MACD) ChartWells Fargo & Company Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Wells Fargo & Company. The current adx is 20.85.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Wells Fargo & Company shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Wells Fargo & Company Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Wells Fargo & Company. The current sar is 12,403.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Wells Fargo & Company Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Wells Fargo & Company. The current rsi is 52.53. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Wells Fargo & Company Daily Relative Strength Index (RSI) ChartWells Fargo & Company Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Wells Fargo & Company. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Wells Fargo & Company price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Wells Fargo & Company Daily Stochastic Oscillator ChartWells Fargo & Company Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Wells Fargo & Company. The current cci is -59.84822743.

Wells Fargo & Company Daily Commodity Channel Index (CCI) ChartWells Fargo & Company Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Wells Fargo & Company. The current cmo is 1.9439952.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Wells Fargo & Company Daily Chande Momentum Oscillator (CMO) ChartWells Fargo & Company Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Wells Fargo & Company. The current willr is -43.05985552.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Wells Fargo & Company is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Wells Fargo & Company Daily Williams %R ChartWells Fargo & Company Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Wells Fargo & Company.

Wells Fargo & Company Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Wells Fargo & Company. The current atr is 619.21.

Wells Fargo & Company Daily Average True Range (ATR) ChartWells Fargo & Company Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Wells Fargo & Company. The current obv is 198,132.

Wells Fargo & Company Daily On-Balance Volume (OBV) ChartWells Fargo & Company Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Wells Fargo & Company. The current mfi is 53.55.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Wells Fargo & Company Daily Money Flow Index (MFI) ChartWells Fargo & Company Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Wells Fargo & Company.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-09-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-09-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-10-17ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-10-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-10-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Wells Fargo & Company Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Wells Fargo & Company based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.529
Ma 20Greater thanMa 5012,183.100
Ma 50Greater thanMa 10011,236.720
Ma 100Greater thanMa 2009,292.270
OpenGreater thanClose11,523.500
Total4/5 (80.0%)
Penke

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