Wells Fargo Special Fund Technical Analysis

WFMIX Fund  USD 55.14  0.04  0.07%   
As of the 1st of December, Wells Fargo maintains the Mean Deviation of 0.5316, market risk adjusted performance of 0.0989, and Downside Deviation of 0.6934. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wells Fargo Special, as well as the relationship between them.

Wells Fargo Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WELLS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WELLS
  
Wells Fargo's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Wells Fargo technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Wells Fargo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wells Fargo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Wells Fargo Special Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Wells Fargo Special volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wells Fargo Special Trend Analysis

Use this graph to draw trend lines for Wells Fargo Special. You can use it to identify possible trend reversals for Wells Fargo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Wells Fargo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Wells Fargo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wells Fargo Special applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Wells Fargo Special will continue generating value for investors. It has 122 observation points and a regression sum of squares at 52.72, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.

About Wells Fargo Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Wells Fargo Special on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Wells Fargo Special based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Wells Fargo Special price pattern first instead of the macroeconomic environment surrounding Wells Fargo Special. By analyzing Wells Fargo's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Wells Fargo's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Wells Fargo specific price patterns or momentum indicators. Please read more on our technical analysis page.

Wells Fargo December 1, 2024 Technical Indicators

Most technical analysis of WELLS help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WELLS from various momentum indicators to cycle indicators. When you analyze WELLS charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Other Information on Investing in WELLS Mutual Fund

Wells Fargo financial ratios help investors to determine whether WELLS Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WELLS with respect to the benefits of owning Wells Fargo security.
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