WALA Forecast and Technical Stock AnalysisBuy candidate since 2019-07-16 Gain 0.80%
Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 gained 0.57% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $26.10 to $26.25 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 1.00% from a day low at $25.99 to a day high of $26.25. The price has risen in 7 of the last 10 days and is up by 0.65% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 4 428 more shares were traded than the day before. In total, 8 315 shares bought and sold for approximately $218 269.00.
- 30 day high of the WALA stock price was $26.47 and low was $25.63.
- 90 day high was $26.47 and low was $25.58.
- 52 week high for the Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 - $26.50 and low - $23.65.
Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 is at the upper part of a narrow and horizontal trend and normally this would pose a good selling opportunity, but a break-up through the top trend line at $26.31 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend you can expect Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 with 90% probability to be traded between $25.50 and $26.22 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Only positive signals in the chart today. Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 holds buy signals from both short- and long-term moving averages. In addition, 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 $26.09 and $25.96. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday June 14, 2019, which indicates further gains until a new top pivot has been found. Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 has rising 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. Higher liquidity also reduces the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 72 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 finds support from accumulated volume at $26.07.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.26 (1.00%) between high and low. For the last week, the stock has had a daily average volatility of 0.55%.
Our recommended stoploss: $24.82 (-5.46%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 23 days ago.)
0.55 %Average volatility
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