Wall Financial Corporation Stock Forecast
Wall Financial Corporation stock price up 2.04% on Friday
(Updated on Jun 14, 2024)
The Wall Financial Corporation stock price gained 2.04% on the last trading day (Friday, 14th Jun 2024), rising from $20.59 to $21.01. During the last trading day the stock fluctuated 3.80% from a day low at $20.24 to a day high of $21.01. The price has been going up and down for this period, and there has been a 0.05% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 2 thousand shares were bought and sold for approximately $37.82 thousand.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.41% during the next 3 months and, with a 90% probability hold a price between $16.09 and $20.69 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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WFC.TO Signals & Forecast
The Wall Financial Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $20.65 and $20.48. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, May 08, 2024, and so far it has risen 7.74%. Further rise is indicated until a new top pivot has been found. Wall Financial Corporation has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Wednesday, January 03, 2024 in the long-term chart.
Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Golden Star 12 Months
The stock had a Golden Star Signal on Wednesday, January 03, 2024 in the long-term chart.Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Support, Risk & Stop-loss for Wall Financial Corporation stock
Wall Financial Corporation finds support from accumulated volume at $20.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.770 between high and low, or 3.80%. For the last week, the stock has had daily average volatility of 0.761%.
Our recommended stop-loss: $20.18 (-3.96%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 37 days ago.)
Trading Expectations (WFC.TO) For The Upcoming Trading Day Of Monday 17th
For the upcoming trading day on Monday, 17th we expect Wall Financial Corporation to open at $20.75, and during the day (based on 14 day Average True Range), to move between $20.57 and $21.45, which gives a possible trading interval of +/-$0.436 (+/-2.08%) up or down from last closing price. If Wall Financial Corporation takes out the full calculated possible swing range there will be an estimated 4.15% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $21.31 (1.43%) than the support at $20.01 (4.76%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Wall Financial Corporation stock A Buy?
Wall Financial Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Wall Financial Corporation of Monday, June 17, 2024
Fair opening price June 17, 2024 | Current price |
---|---|
$20.75 ( 1.22%) | $21.01 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for WFC.TO
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 21.52 | 2.44% |
R2 | 21.23 | 1.04% |
R1 | 21.05 | 0.178% |
Price | 21.01 | |
S1 | 20.46 | -2.62% |
S2 | 20.28 | -3.49% |
S3 | 19.98 | -4.89% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 22.35 | 6.38% |
R2 | 21.96 | 4.52% |
R1 | 21.31 | 1.43% |
Price | 21.01 | |
S1 | 20.01 | -4.76% |
S2 | 19.61 | -6.66% |
S3 | 18.25 | -13.14% |
WFC Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Feb 03, 2023 | Feb 16, 2023 | Mar 03, 2023 | $3.00 | 18.75% |
2 | Jun 13, 2019 | Jun 26, 2019 | Jul 11, 2019 | $2.00 | 8.83% |
3 | Sep 13, 2018 | Sep 26, 2018 | Oct 11, 2018 | $1.00 | 3.75% |
4 | Jun 16, 2017 | Jun 27, 2017 | Jul 13, 2017 | $0.500 | 2.42% |
5 | Oct 25, 2016 | Nov 03, 2016 | Nov 21, 2016 | $0.600 | 3.29% |
FAQ
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