Check Out What Whales Are Doing With WFC
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Wells Fargo (NYSE:WFC), with 37 uncommon options trades spotted for the company. The sentiment of these trades is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $20.0 to $57.5 for Wells Fargo over the last 3 months. The price of WFC is up 2.05% at $46.53, and RSI indicators suggest the stock may be overbought.
July 19, 2023 | 7:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
A large investor has taken a bullish stance on Wells Fargo, with the price of WFC up 2.05% at $46.53. The sentiment of these trades is split between 64% bullish and 35% bearish.
The bullish stance taken by a large investor, along with the increase in the price of WFC, suggests a positive short-term impact on the stock. However, the split sentiment and the indication that the stock may be overbought introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100