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Wells Fargo & Company (WFC) “On a long-term technical basis, the stock (WFC) is trading below its 200-day moving average which generally implies it is in a negative trend.
The stock has support at 22.06 and 19.25. If the stock breaks down through support at 22.06 then it will probably continue lower to 19.25. The stock has resistance at 25.11 and at 26.37. If the stock breaks up through resistance at 25.11 then it will probably continue higher to 26.37. The 200-day moving average is at 39.81. This will also act as resistance. The stock is slightly oversold according to the Stochastic Indicator (29.89).”
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