Dated end-of-day edition
JW Intelligence Report

Wells Fargo & Co / WFC

StockFinancialsBanking
JW Rank63.9/ 100
Official close$89.65+1.69 (+1.92%)
Bid$89.34
Ask$90.14
Previous close$87.96
ATR (14)2.08%
RSI (14)59.7
Volume8.71M
Model reference$88.50
Upside scenario$93.00
Risk reference$86.00
Decision summary

WFC Shows Signs of Strength Despite Market Uncertainty

BalancedHigh confidence

WFC's price rebounded today, showing resilience despite recent market volatility. The stock is supported by strong fundamentals, including a recent dividend increase and buyback authorization. Upcoming economic data releases and the Fed meeting could influence WFC's direction in the near term.

Wheel contextThe current market environment is uncertain due to upcoming economic data releases and the Fed meeting. This creates opportunities for traders to capitalize on potential price swings.
Dated supporting context

JW AI outlook

Bullish

Short-term scenario

Cautious/neutral: do not chase today's bounce; high uncertainty from this week's inflation data and Sep 16 Fed meeting which could swing bank NIM/loan demand. Consider small long only on confirmed pullback with tight risk.

Three-month outlook

Moderately constructive (potential 6-12% toward $95-100 analyst range) if rates stabilize/cut, supported by buybacks, dividend growth, NII guidance and post-asset-cap expansion. Risks include higher-for-longer rates, credit deterioration, regulatory costs or recession. High uncertainty around Fed path, inflation prints and macro; not a high-conviction hold.


Market sentiment context

Low volume of direct discussion. Mildly constructive: one trader signal to stay long after +6% from Aug 24 buy at $84.72. Mostly quiet or unrelated (WFC as analyst on other names). No clear bullish/bearish crowd consensus; options flow noted but limited retail buzz.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$87.01
50D SMA$86.85
200D SMA$85.04
9D EMA$88.17
21D EMA$87.36
20D MVWAP$87.19
YTD VWAP$83.92
Daily reference VWAP$88.94
Price vs 20D SMA3.06%
Price vs 50D SMA3.25%
Price vs 200D SMA5.44%
Momentum kinematics10 observations
RSI (7)64.39
RSI (14)59.71
RSI (21)57.71
Stochastic K83.38
Stochastic D84.30
MACD line0.68
MACD histogram0.31
ADX (14)15.56
MACD acceleration0.11
RSI velocity-0.52
Volatility and price boundaries11 observations
ATR (14)0.02
ATR (14) %2.08%
Bollinger upper$90.99
Bollinger middle$87.01
Bollinger lower$83.03
Bollinger position0.83%
Volatility environmentMedium
20D realized volatility22.48%
Observed range position96.14%
5D true high$90.34
5D true low$87.04
Participation and institutional flow7 observations
Volume8.71M
20D average volume6.15M
Volume vs 20D average1.42x
20D SMA velocity0.09
50D SMA velocity0.10
Institutional flow0.09
ATR velocity0.02
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$89.65
DateSep 9, 2026
Volume8.71M
Vwap D$88.94
Mvwap 20$87.19
Change1.69
Change Percentage1.92%
Trend structure6 observations
Trend SignalStrong Bull
Sma 20$87.01
Sma 50$86.85
Sma 200$85.04
Ema 9$88.17
Ema 21$87.36
Momentum structure9 observations
Rsi 764.39
Rsi 1459.71
Rsi 2157.71
Rsi SignalNeutral
Stoch K83.38
Stoch D84.30
Macd Line0.68
Macd SignalBullish
Macd Hist0.31
Volatility structure3 observations
Atr1.86
Atr Pct2.08%
EnvironmentMedium
Option market context3 observations
Current Iv25.16
Iv Rank20.07
Iv Percentile20.72%
Price boundaries8 observations
Bb Upper90.99
Bb Middle87.01
Bb Lower83.03
Bb Pctb0.83
True High$89.94
True Low$87.20
True High 5d$90.34
True Low 5d$87.04
Three-day velocities7 observations
Sma20$0.09
Sma50$0.10
Mvwap20$0.09
Macd0.11
Rsi-0.52
Volume777,046
Atr0.02
Risk radar5 observations
Earnings RiskLow
Earnings DateOct 13, 2026
Macro RiskUnknown
Vol RiskMedium
Structure RiskLow
Deterministic scoring

JW Rank factors

Higher scores indicate stronger observed structure
LiquidityTrading capacity and quote quality proxyCoverage 100%
83
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
61
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
87
Market Tail RiskMarket-wide volatility and tail-risk regimeCoverage 100%
32
Fundamental QualityBusiness quality and balance-sheet durabilityCoverage 86%
54
Volatility PressureOption premium pressure relative to realized movementCoverage 100%
44

JW Rank is not a buy/sell rating, and coverage measures field availability—not accuracy or certainty.

Options Intelligence

What the closing chain was pricing

WFC Shows Signs of Strength Despite Market Uncertainty

WFC's price rebounded today, showing resilience despite recent market volatility. The stock is supported by strong fundamentals, including a recent dividend increase and buyback authorization. Upcoming economic data releases and the Fed meeting could influence WFC's direction in the near term.

Front ATM IV27.48%
Current IV25.51%
IV Rank21.69
IV Percentile22.31%
25Δ skew3.65
Term slope-1.94
Term structureFlat
Quote coverage91%
Median option spread13.33%
Term structure

Implied volatility by expiration

3 observed expirations
27.5%25.5%
ExpirationDTEATM IVState
2026-09-112.0027.48%
2026-09-189.0026.21%
2026-09-2516.0025.54%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$88.00
Long strike$87.00
Net credit / share$0.11
Credit / width10.50%
$11$-89$86.45$88.55Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$91.00
Long strike$92.00
Net credit / share$0.20
Credit / width19.50%
$20$-80$90.45$92.55Expiration payoff per standard 100-share contract
Evidence used
  • WFC's price increased 2.01% today after a previous decline of 2.23%.
  • The stock is trading above both its 50-day and 200-day moving averages, indicating positive momentum.
  • Recent earnings were strong, with EPS exceeding expectations and revenue growth.
  • WFC has a substantial buyback authorization and recently increased its dividend.
Risk context
  • High inflation and interest rates could negatively impact WFC's net interest income.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score60.90

The current market environment is uncertain due to upcoming economic data releases and the Fed meeting. This creates opportunities for traders to capitalize on potential price swings.

Execution intelligence

Liquidity and quote conditions

Dollar volume$780.99M
Underlying bid/ask spread0.35%
Option quote coverage91%
Median option spread13.33%
Fundamental intelligence

Business quality context

Factor score54.40
Coverage86%

Business quality and balance-sheet durability

Latest strategy observation

WFC Covered Call signal

Sep 9, 2026 1:11 PM EDT

Covered Call | 2026-09-11 | short $90.00 | $0.64 credit | High turnover

Generalized structural observation only; no quantity, order instruction or personalized recommendation is provided.

Company and fundamental profile

Wells Fargo & Co at a glance

Dated valuation, quality, growth and shareholder context

Market position and valuation

Market capitalization$258.34B
P/E (TTM)12.0×
Beta0.94
52-week range$72.78 – $97.76
52-week return13.94%
Shares outstanding3.02B

Profitability and financial quality

Return on equity12.55%
Operating margin25.35%
Net margin22.19%
Debt / equity2.35×

Growth and cash generation

Revenue growth (3Y)-6.53%
EPS growth (3Y)22.68%
Revenue / share (TTM)21.73
Book value / share59.50

Shareholder return and calendar

Dividend yield2.27%

Trading and reference facts

MarketNew York Stock Exchange, Inc.
CountryUs
CurrencyUsd
IPO date1962-12-10
Company website
Methodology, edition and field coverage
EditionOfficial Close
Ready sections3 / 3
Report identity48cb87060a4610835d44dea2

JW Rank is deterministic and is not a buy/sell rating. Narrative sections explain dated evidence and do not change the score or observed facts. Coverage measures field availability, not accuracy or certainty. This public edition remains fixed.

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Important disclosures. Generalized market-structure research only. This report does not consider holdings, objectives, risk tolerance or financial circumstances and is not an investment recommendation, transaction instruction, offer, solicitation or return forecast. Market data, model scores and AI explanations may be delayed, incomplete or incorrect. Past, hypothetical, model and settled-signal results do not predict future results. Options are complex and may involve loss of the entire premium, substantial or theoretically unlimited loss, assignment, early exercise, margin, liquidity and execution risk. Before trading standardized options, read the OCC’s Characteristics and Risks of Standardized Options. Terms of Use · Privacy Policy