WSFS FINANCIAL CORP.
WSFS FINANCIAL CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: WSFS
ISIN:

WSFS FINANCIAL CORP. - 1H - Technical analysis published on 02/06/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 43.34 USD
My targets
40.76 USD (-2.94%)
39.46 USD (-6.03%)
My analysis
The bearish trend is currently very strong for WSFS FINANCIAL CORP.. As long as the price remains below the resistance at 43.34 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 40.76 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 39.46 USD as an objective. Crossing it would then enable sellers to target 36.88 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7

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This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

WSFS FINANCIAL CORP. rating 41.99 USD. On the day, this instrument lost -0.31% and was between 41.90 USD and 43.05 USD. This implies that the price is at +0.21% from its lowest and at -2.46% from its highest.

41.90
43.05
41.99

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of WSFS FINANCIAL CORP. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 36.88 39.46 41.81 41.99 43.34 45.78 47.08
Change (%) -12.17% -6.03% -0.43% - +3.22% +9.03% +12.12%
Change -5.11 -2.53 -0.18 - +1.35 +3.79 +5.09
Level Major Major Intermediate - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.6941.2541.6842.2442.6743.2343.66
Camarilla41.8541.9442.0342.1242.2142.3042.39
Woodie40.6441.2241.6342.2142.6243.2043.61
Fibonacci41.2541.6341.8642.2442.6242.8543.23


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard34.8938.3640.7644.2346.6350.1052.50
Camarilla41.5442.0742.6143.1543.6944.2344.76
Woodie34.3538.0940.2243.9646.0949.8351.96
Fibonacci38.3640.6141.9944.2346.4847.8650.10


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard37.3440.0642.2845.0047.2249.9452.16
Camarilla43.1543.6044.0644.5144.9645.4245.87
Woodie37.1039.9442.0444.8846.9849.8251.92
Fibonacci40.0641.9443.1145.0046.8848.0549.94

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 37.81
MACD (12,26,9): -0.6200
Directional Movement: -13.80
AROON (14): -14.29
DEMA (21): 41.77
Parabolic SAR (0,02-0,02-0,2): 41.90
Elder Ray (13): -0.30
Super Trend (3,10): 43.56
Zig ZAG (10): 41.97
VORTEX (21): 0.8100
Stochastique (14,3,5): 13.24
TEMA (21): 41.76
Williams %R (14): -89.37
Chande Momentum Oscillator (20): -0.40
Repulse (5,40,3): -1.0000
ROCnROLL: 2
TRIX (15,9): -0.2400
Courbe Coppock: 3.64
MA7: 44.28
MA20: 44.73
MA50: 43.82
MA100: 40.24
MAexp7: 42.16
MAexp20: 42.67
MAexp50: 43.76
MAexp100: 44.40
Price / MA7: -5.17%
Price / MA20: -6.13%
Price / MA50: -4.18%
Price / MA100: +4.35%
Price / MAexp7: -0.40%
Price / MAexp20: -1.59%
Price / MAexp50: -4.04%
Price / MAexp100: -5.43%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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