WSFS FINANCIAL CORP.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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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

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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

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.

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:

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:

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

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	40.69	41.25	41.68	42.24	42.67	43.23	43.66
Camarilla	41.85	41.94	42.03	42.12	42.21	42.30	42.39
Woodie	40.64	41.22	41.63	42.21	42.62	43.20	43.61
Fibonacci	41.25	41.63	41.86	42.24	42.62	42.85	43.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.89	38.36	40.76	44.23	46.63	50.10	52.50
Camarilla	41.54	42.07	42.61	43.15	43.69	44.23	44.76
Woodie	34.35	38.09	40.22	43.96	46.09	49.83	51.96
Fibonacci	38.36	40.61	41.99	44.23	46.48	47.86	50.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.34	40.06	42.28	45.00	47.22	49.94	52.16
Camarilla	43.15	43.60	44.06	44.51	44.96	45.42	45.87
Woodie	37.10	39.94	42.04	44.88	46.98	49.82	51.92
Fibonacci	40.06	41.94	43.11	45.00	46.88	48.05	49.94

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

News

Don't forget to follow the news on WSFS FINANCIAL CORP.. At the time of publication of this analysis, the latest news was as follows:

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

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