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WFC forms 20 Day Moving Average Support on August 7

Wells Fargo & Company (WFC) — Daily Technical Analysis & Swing Trading Signals · Aug 7, 2026, 20:13 ET
WFC closed down 0.39% on Friday, August 7th, with volume running 0.5× below average. Mixed technical signals appeared with 20 DMA Support and Slingshot Bullish and 180 Bullish Setup suggesting upside potential, while MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 86.41, 85.56 & 85.09, with resistance at 87.73, 88.2 & 89.05.

Current SwingTradeBot Technical Rating of WFC: C

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Wells Fargo & Company (WFC)