NYSE trade advice (B): US banks stock | 6-8% gain | USA stock trading idea on 23 Apr 2025

Date
April 23, 2025
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Trading Tips for US Stocks

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Wells Fargo
  • 63.5 – 65.5
  • 69.5 – 70.5
  • Below 60.5
  • 6% – 8%
  • 14 - 16 Days
  • Buy
    Wells Fargo
  • Buy
    Range
    63.5 – 65.5
  • Target
    69.5 – 70.5
  • Stoploss
    Below 60.5
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    14 - 16 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Wells Fargo (NYSE: WFC) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • WFC
  • Wells Fargo
  • Banks
  • 81.5
  • 50.15
  • NYSE code WFC
  • Stock Name Wells Fargo
  • Sector Banks
  • 52 Weeks High 81.5
  • 52 Weeks Low 50.15
  • Wells Fargo (NYSE: WFC) vs NYSE - Relative Strength Comparison

    The image compares Wells Fargo's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    WFC —   NYSE —

  • Wells Fargo (NYSE: WFC) - Technical Analysis (Daily)

    Wells Fargo - Technical Analysis chart on Daily Price and Volume
    Wells Fargo - Technical Analysis chart on Daily Price and Volume

    • The stock has been in a steady uptrend, reaching an all-time high near the 81 level.
    • Following this peak, it faced significant selling pressure, leading to a pullback.
    • However, the price has since rebounded from the trendline support level and is now expected to continue its upward trajectory.
  • Wells Fargo (NYSE: WFC) - Stochastic Indicator

    Wells Fargo stock analysis based on Stochastic Indicator
    Wells Fargo - Stochastic Indicator

    • The K (Blue) line has crossed the D (Orange) line from the below, generates bullish signal.

  • Wells Fargo (NYSE: WFC) - MACD Indicator

    Wells Fargo stock analysis based on MACD Indicator
    Wells Fargo - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Wells Fargo (NYSE: WFC) Stock Price Forecast

    Based on our stock trading picks in US, Wells Fargo stock price target will be USD 69.5 - USD 70.5 in the next 14-16 trading sessions.

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  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Wells Fargo
  • 63.5 – 65.5
  • 69.5 – 70.5
  • Below 60.5
  • 6% – 8%
  • 14 - 16 Days
  • Buy Wells Fargo
  • Buy
    Range
    63.5 – 65.5
  • Target 69.5 – 70.5
  • Stoploss Below 60.5
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    14 - 16 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Wells Fargo
  • 63.5 – 65.5
  • 69.5 – 70.5
  • Below 60.5
  • 6% – 8%
  • 14 - 16 Days
  • Buy
    Wells Fargo
  • Buy
    Range
    63.5 – 65.5
  • Target
    69.5 – 70.5
  • Stoploss
    Below 60.5
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    14 - 16 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Wells Fargo (NYSE: WFC) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • WFC
  • Wells Fargo
  • Banks
  • 81.5
  • 50.15
  • NYSE code WFC
  • Stock Name Wells Fargo
  • Sector Banks
  • 52 Weeks High 81.5
  • 52 Weeks Low 50.15
  • Company profile

    Wells Fargo & Company is a leading financial services firm headquartered in San Francisco, California, founded in 1852. The company operates globally through four main segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. It provides a wide range of products and services, including checking and savings accounts, credit and debit cards, and various types of loans for individuals and small businesses. Wells Fargo also supports private and public companies with tailored banking and credit solutions across industries. Its Corporate and Investment Banking segment offers services such as capital markets, investment banking, and commercial real estate lending to institutional clients. Additionally, the company delivers personalized wealth management, brokerage, and private banking services to affluent and high-net-worth individuals through both in-person advisors and digital platforms.

  • Wells Fargo (NYSE: WFC) vs NYSE - Relative Strength Comparison

    The image compares Wells Fargo's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    WFC —   NYSE —

  • Wells Fargo (NYSE: WFC) - Technical Analysis (Daily)

    Wells Fargo - Technical Analysis chart on Daily Price and Volume
    Wells Fargo - Technical Analysis chart on Daily Price and Volume

    • The stock has been in a steady uptrend, reaching an all-time high near the 81 level.
    • Following this peak, it faced significant selling pressure, leading to a pullback.
    • However, the price has since rebounded from the trendline support level and is now expected to continue its upward trajectory.
  • Wells Fargo (NYSE: WFC) - Stochastic Indicator

    Wells Fargo stock analysis based on Stochastic Indicator
    Wells Fargo - Stochastic Indicator

    • The K (Blue) line has crossed the D (Orange) line from the below, generates bullish signal.

  • Wells Fargo (NYSE: WFC) - MACD Indicator

    Wells Fargo stock analysis based on MACD Indicator
    Wells Fargo - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Wells Fargo (NYSE: WFC) Stock Price Forecast

    Based on our stock trading picks in US, Wells Fargo stock price target will be USD 69.5 - USD 70.5 in the next 14-16 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website