$WFC Wells Fargo & Company Stock Robo Analyst February 29 2020 #WFC
Wells Fargo & Company (WFC) “On a long-term technical basis, the stock (WFC) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 39.75 and 35.06. If the stock breaks down through support at 39.75 then it will probably continue lower to 35.06. The stock has resistance at 45.48 and at 48.50. If the stock breaks up through resistance at 45.48 then it will probably continue higher to 48.50. The 200-day moving average is at 48.84. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (13.60).”