Is Wells Fargo & Co. technically bullish or bearish?
As of June 17, 2025, Wells Fargo & Co. shows a bullish trend supported by strong weekly and monthly indicators, though caution is advised due to a bearish monthly RSI and mixed signals from Dow Theory.
As of 17 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Wells Fargo & Co. is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate bullish momentum on both time frames. Daily moving averages are bullish, reinforcing the positive trend. However, the monthly RSI is bearish, which suggests some caution. Dow Theory presents a mixed picture with a mildly bearish weekly stance but mildly bullish monthly outlook. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the weekly analysis.
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