Technical Analysis for WAL - Western Alliance Bancorporation

Grade Last Price % Change Price Change
grade C 44.44 3.54% 1.52
WAL closed up 3.54 percent on Wednesday, January 16, 2019, on 1.48 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Earnings due: Jan 24

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Up Up
See historical WAL trend table...

Date Alert Name Type % Chg
Jan 16 Crossed Above 50 DMA Bullish 0.00%
Jan 16 MACD Bullish Centerline Cross Bullish 0.00%
Jan 16 Pocket Pivot Bullish Swing Setup 0.00%
Jan 16 Above Upper BB Strength 0.00%
Jan 16 Overbought Stochastic Strength 0.00%
Jan 16 Up 3 Days in a Row Strength 0.00%
Jan 16 Up 4 Days in a Row Strength 0.00%
Jan 16 Up 5 Days in a Row Strength 0.00%
Jan 16 Upper Bollinger Band Touch Strength 0.00%
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.54%

Older signals for WAL ...

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Profile
Western Alliance Bancorporation, a multi-bank holding company, provides various banking and related services to businesses, professional firms, real estate developers and investors, local non-profit organizations, high net worth individuals, and other consumers. The company operates in Bank of Nevada, Western Alliance Bank, Torrey Pines Bank, and Other segments. It accepts various deposit products, including checking accounts, savings accounts, and money market accounts, as well as other deposit accounts, such as fixed-rate and fixed maturity retail certificates of deposits. The company also offers a range of loan products comprising commercial real estate loans that are secured by apartment buildings, professional offices, industrial facilities, retail centers, and other commercial properties; construction and land development loans; commercial and industrial loans that include working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; residential real estate loans; and consumer loans. In addition, it provides other financial services, which comprise Internet banking, wire transfers, electronic bill payment, lock box services, courier, and cash management services; and investment advisory services. As of March 31, 2013, the company had 40 offices in Nevada, Arizona, and California. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
Is WAL a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 64.06
52 Week Low 37.39
Average Volume 986,461
200-Day Moving Average 54.2384
50-Day Moving Average 43.5746
20-Day Moving Average 40.5415
10-Day Moving Average 42.035
Average True Range 1.3613
ADX 31.43
+DI 25.1844
-DI 11.8935
Chandelier Exit (Long, 3 ATRs ) 40.5761
Chandelier Exit (Short, 3 ATRs ) 41.4739
Upper Bollinger Band 44.0917
Lower Bollinger Band 36.9913
Percent B (%b) 1.05
BandWidth 17.513906
MACD Line 0.0619
MACD Signal Line -0.6571
MACD Histogram 0.719
Fundamentals Value
Market Cap 4.63 Billion
Num Shares 104 Million
EPS 2.77
Price-to-Earnings (P/E) Ratio 16.04
Price-to-Sales 7.79
Price-to-Book 2.84
PEG Ratio 1.96
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 46.50
Resistance 3 (R3) 46.34 45.50 46.15
Resistance 2 (R2) 45.50 44.98 45.58 46.04
Resistance 1 (R1) 44.97 44.65 45.24 45.13 45.92
Pivot Point 44.13 44.13 44.26 44.21 44.13
Support 1 (S1) 43.60 43.61 43.87 43.76 42.96
Support 2 (S2) 42.76 43.28 42.84 42.84
Support 3 (S3) 42.23 42.76 42.73
Support 4 (S4) 42.39