Wells Fargo(WFC)

Wells Fargo (WFC) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for WFC · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$86.42last close · Jul 22, 202652-week range $72.78$97.76 · 11.6% below the high
Rising Wedge · playing out now

WFC is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 50% of the time.

As long as price stays below $88.57, it's in play — a daily close back above there calls it off.

The move's natural target sits near $80.65.

WFC Rising Wedge Pattern

WFC is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$80.65Projected move−8.1%Breakout level$87.16

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
WFC win rate
52.8%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

WFC Pattern Trade History

Every completed pattern trade our nightly backtest found on WFC's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeDec 4, 2025 @ $89.61Mar 6, 2026 @ $80.42Loss+11.7% · -1.07R
Rising WedgeSep 30, 2025 @ $82.72Oct 10, 2025 @ $78.06Win+6.8% · +1.19R
TriangleSep 18, 2025 @ $83.08Oct 10, 2025 @ $77.62Loss+8.5% · -1.21R
Rising WedgeJul 31, 2025 @ $81.35Aug 5, 2025 @ $76.57Win+7.1% · +1.37R
Bullish PennantJan 15, 2025 @ $75.36Mar 10, 2025 @ $66.78Loss+13.7% · -1.43R
Falling WedgeOct 7, 2024 @ $57.23Nov 1, 2024 @ $64.68Win+16.0% · +2.64R
Bullish PennantFeb 21, 2024 @ $52.53Mar 19, 2024 @ $57.01Win+11.5% · +0.88R
TriangleNov 14, 2023 @ $41.50Dec 27, 2023 @ $49.33Win+11.3% · +6.37R
Rising WedgeJul 14, 2023 @ $44.75Aug 22, 2023 @ $41.50Loss+10.5% · -1.21R
Rising WedgeJun 20, 2023 @ $41.49Jul 3, 2023 @ $43.40Loss+12.5% · -1.03R
Falling WedgeMay 23, 2022 @ $42.73Jun 8, 2022 @ $44.63Win+8.6% · +0.95R
Rising WedgeFeb 18, 2022 @ $55.89Mar 4, 2022 @ $48.40Win+15.6% · +1.70R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

WFC Support and Resistance Levels

Price is being turned away at a ceiling near $91.14 and starting to slide. On the weekly chart, the next floor below sits near $78.09 — about 10% away.

  • Traders commonly watch $78.09 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $91.14 ceiling about a week ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

WFC Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$88.19$88.19$86.25$86.42
Jul 21, 2026$86.68$88.26$85.89$87.74
Jul 20, 2026$87.88$88.57$86.06$86.33
Jul 17, 2026$87.74$89.79$86.50$87.51
Jul 16, 2026$87.95$88.90$87.21$88.07
Jul 15, 2026$85.94$87.63$85.53$87.51
Jul 14, 2026$84.85$88.68$83.83$85.29
Jul 13, 2026$87.89$88.01$86.11$87.67
Jul 10, 2026$87.50$87.84$86.65$87.16
Jul 9, 2026$85.85$87.45$85.65$86.91

WFC Frequently Asked Questions

What chart pattern is WFC forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Wells Fargo (WFC) on the daily chart, with a measured-move target of $80.65.
Is a rising wedge bullish or bearish?
The rising wedge detected on WFC is a bearish pattern, projecting a measured-move target of $80.65. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if WFC's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $80.65 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WFC's closing price on Jul 22, 2026?
Wells Fargo (WFC) last closed at $86.42 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.