Today WALA ranks # as BUY CANDIDATE.
Today WALA ranks # as BUY CANDIDATE.

WALA stock Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056

WALA stock
Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056

April 24, 2019
Change -0.23%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will WALA stock price go up or down on Fri, 26 Apr 2019?

Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 Forecast and Stock Analysis

Technical WALA stock analysis for April 24, 2019.

Buy candidate since 2019-04-10 Loss -0.72%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.10
ROA n/a

Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 fell by -0.23% in the last day from $26.20 to $26.14 The price has fallen in 7 of the last 10 days and is down by -0.8% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -2 603 shares and in total 1 632 shares bought and sold for approximately $42 660.50.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the WALA stock was $26.14. This is 0.23% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 0.11% from a day low at $26.14 to a day high of $26.17.

30 day high of the WALA stock price was $26.50 and low was $25.55.
90 day high was $26.50 and low was $25.15.
52 week high for the Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 - $26.50 and low - $23.65.

Trend

Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.8% during the next 3 months and, with 90% probability hold a price between $26.63 and $27.36 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

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 $26.07 and $25.93. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday April 18, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

The stock had a Golden Star Signal* on Friday March 22, 2019 for the short-term and also have Golden Star Signal for the medium-term dated Thursday August 23, 2018.

* 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.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 54 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Western Alliance Bancorporation 6.25% Subordinated Debentures due 2056 finds support from accumulated volume at $26.07.

Support: $26.07 Price: $26.14 Resistance: $26.30

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stoploss: $24.64 (-5.73%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Today WALA ranks # as BUY CANDIDATE.
Today WALA ranks # as BUY CANDIDATE.