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Market Overview
WFC closed at 88.03 on January 28, 2026, reflecting a 0.86% increase from the previous close of 87.28, despite a 30-day return decline of 0.22%. The stock remains in a downtrend, with the 20-day SMA at 88.09 above the 5-day SMA of 87.29, indicating recent weakness. The 50-day and 200-day moving averages are not specified but the trend and momentum suggest continued cautious sentiment. The RSI is not provided, while nearest support is near 86.84 and resistance around 89.07. No significant upcoming events are noted that might impact price action imminently. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.