SAO ยท EQUITY ยท ENHANCED MARKET DYNAMICS

WFCO34

Wells Fargo & Company

BR ยท Financial Services ยท Banks - Diversified

EMD SCORE75/100

CURRENT COMPLETED-WEEK READ

Strongly constructive

The latest completed-week readings are broadly supportive. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build67% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
BRL 112.37
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

5 supportive ยท 1 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท BRL +100+500-50-100 134.3887.8341.28 8 Sep 2023 ยท EMD 47/100 ยท close 48.63 15 Sep 2023 ยท EMD 54/100 ยท close 49.86 22 Sep 2023 ยท EMD 51/100 ยท close 48.93 29 Sep 2023 ยท EMD 55/100 ยท close 48.90 6 Oct 2023 ยท EMD 59/100 ยท close 48.92 13 Oct 2023 ยท EMD 58/100 ยท close 49.67 20 Oct 2023 ยท EMD 51/100 ยท close 48.34 27 Oct 2023 ยท EMD 39/100 ยท close 46.27 3 Nov 2023 ยท EMD 49/100 ยท close 48.88 10 Nov 2023 ยท EMD 41/100 ยท close 48.08 17 Nov 2023 ยท EMD 59/100 ยท close 50.46 24 Nov 2023 ยท EMD 59/100 ยท close 50.43 1 Dec 2023 ยท EMD 70/100 ยท close 52.74 8 Dec 2023 ยท EMD 70/100 ยท close 54.50 15 Dec 2023 ยท EMD 86/100 ยท close 59.57 22 Dec 2023 ยท EMD 72/100 ยท close 57.27 29 Dec 2023 ยท EMD 71/100 ยท close 57.27 5 Jan 2024 ยท EMD 80/100 ยท close 58.51 12 Jan 2024 ยท EMD 64/100 ยท close 55.10 19 Jan 2024 ยท EMD 76/100 ยท close 56.66 26 Jan 2024 ยท EMD 80/100 ยท close 59.32 2 Feb 2024 ยท EMD 78/100 ยท close 58.96 9 Feb 2024 ยท EMD 71/100 ยท close 57.17 16 Feb 2024 ยท EMD 86/100 ยท close 62.18 23 Feb 2024 ยท EMD 88/100 ยท close 64.77 1 Mar 2024 ยท EMD 89/100 ยท close 65.98 8 Mar 2024 ยท EMD 90/100 ยท close 68.77 15 Mar 2024 ยท EMD 87/100 ยท close 69.48 22 Mar 2024 ยท EMD 88/100 ยท close 69.36 29 Mar 2024 ยท EMD 89/100 ยท close 70.20 5 Apr 2024 ยท EMD 90/100 ยท close 70.28 12 Apr 2024 ยท EMD 87/100 ยท close 69.70 19 Apr 2024 ยท EMD 90/100 ยท close 75.26 26 Apr 2024 ยท EMD 82/100 ยท close 74.16 3 May 2024 ยท EMD 77/100 ยท close 72.90 10 May 2024 ยท EMD 92/100 ยท close 77.49 17 May 2024 ยท EMD 81/100 ยท close 75.24 24 May 2024 ยท EMD 81/100 ยท close 75.25 31 May 2024 ยท EMD 87/100 ยท close 75.74 7 Jun 2024 ยท EMD 84/100 ยท close 75.48 14 Jun 2024 ยท EMD 76/100 ยท close 74.35 21 Jun 2024 ยท EMD 81/100 ยท close 76.80 28 Jun 2024 ยท EMD 84/100 ยท close 80.51 5 Jul 2024 ยท EMD 75/100 ยท close 78.89 12 Jul 2024 ยท EMD 68/100 ยท close 74.37 19 Jul 2024 ยท EMD 86/100 ยท close 80.40 26 Jul 2024 ยท EMD 88/100 ยท close 82.78 2 Aug 2024 ยท EMD 65/100 ยท close 73.63 9 Aug 2024 ยท EMD 59/100 ยท close 71.06 16 Aug 2024 ยท EMD 69/100 ยท close 73.64 23 Aug 2024 ยท EMD 63/100 ยท close 75.86 30 Aug 2024 ยท EMD 72/100 ยท close 79.49 6 Sep 2024 ยท EMD 57/100 ยท close 73.39 13 Sep 2024 ยท EMD 54/100 ยท close 71.54 20 Sep 2024 ยท EMD 62/100 ยท close 75.27 27 Sep 2024 ยท EMD 51/100 ยท close 73.91 4 Oct 2024 ยท EMD 56/100 ยท close 75.61 11 Oct 2024 ยท EMD 79/100 ยท close 83.86 18 Oct 2024 ยท EMD 82/100 ยท close 89.41 25 Oct 2024 ยท EMD 83/100 ยท close 89.99 1 Nov 2024 ยท EMD 87/100 ยท close 92.12 8 Nov 2024 ยท EMD 88/100 ยท close 98.25 15 Nov 2024 ยท EMD 88/100 ยท close 103.64 22 Nov 2024 ยท EMD 92/100 ยท close 108.26 29 Nov 2024 ยท EMD 89/100 ยท close 112.07 6 Dec 2024 ยท EMD 89/100 ยท close 110.62 13 Dec 2024 ยท EMD 77/100 ยท close 103.99 20 Dec 2024 ยท EMD 85/100 ยท close 105.39 27 Dec 2024 ยท EMD 85/100 ยท close 107.63 3 Jan 2025 ยท EMD 89/100 ยท close 107.59 10 Jan 2025 ยท EMD 73/100 ยท close 103.68 17 Jan 2025 ยท EMD 90/100 ยท close 115.01 24 Jan 2025 ยท EMD 77/100 ยท close 111.42 31 Jan 2025 ยท EMD 79/100 ยท close 112.59 7 Feb 2025 ยท EMD 92/100 ยท close 115.03 14 Feb 2025 ยท EMD 75/100 ยท close 111.07 21 Feb 2025 ยท EMD 76/100 ยท close 108.96 28 Feb 2025 ยท EMD 77/100 ยท close 112.45 7 Mar 2025 ยท EMD 61/100 ยท close 100.52 14 Mar 2025 ยท EMD 62/100 ยท close 99.26 21 Mar 2025 ยท EMD 64/100 ยท close 101.56 28 Mar 2025 ยท EMD 57/100 ยท close 99.69 4 Apr 2025 ยท EMD 39/100 ยท close 87.34 11 Apr 2025 ยท EMD 43/100 ยท close 90.21 18 Apr 2025 ยท EMD 42/100 ยท close 91.99 25 Apr 2025 ยท EMD 48/100 ยท close 97.33 2 May 2025 ยท EMD 54/100 ยท close 101.70 9 May 2025 ยท EMD 48/100 ยท close 100.50 16 May 2025 ยท EMD 56/100 ยท close 106.05 23 May 2025 ยท EMD 50/100 ยท close 102.30 30 May 2025 ยท EMD 55/100 ยท close 105.00 6 Jun 2025 ยท EMD 55/100 ยท close 104.32 13 Jun 2025 ยท EMD 41/100 ยท close 98.39 20 Jun 2025 ยท EMD 59/100 ยท close 102.82 27 Jun 2025 ยท EMD 60/100 ยท close 106.79 4 Jul 2025 ยท EMD 71/100 ยท close 112.79 11 Jul 2025 ยท EMD 78/100 ยท close 112.21 18 Jul 2025 ยท EMD 72/100 ยท close 110.64 25 Jul 2025 ยท EMD 80/100 ยท close 114.57 1 Aug 2025 ยท EMD 61/100 ยท close 106.93 8 Aug 2025 ยท EMD 57/100 ยท close 104.81 15 Aug 2025 ยท EMD 55/100 ยท close 102.62 22 Aug 2025 ยท EMD 66/100 ยท close 108.79 29 Aug 2025 ยท EMD 68/100 ยท close 111.29 5 Sep 2025 ยท EMD 55/100 ยท close 105.91 12 Sep 2025 ยท EMD 62/100 ยท close 107.71 19 Sep 2025 ยท EMD 63/100 ยท close 111.07 26 Sep 2025 ยท EMD 63/100 ยท close 111.95 3 Oct 2025 ยท EMD 53/100 ยท close 106.10 10 Oct 2025 ยท EMD 53/100 ยท close 105.66 17 Oct 2025 ยท EMD 60/100 ยท close 111.19 24 Oct 2025 ยท EMD 63/100 ยท close 114.80 31 Oct 2025 ยท EMD 69/100 ยท close 115.91 7 Nov 2025 ยท EMD 62/100 ยท close 113.43 14 Nov 2025 ยท EMD 59/100 ยท close 111.26 21 Nov 2025 ยท EMD 62/100 ยท close 110.87 28 Nov 2025 ยท EMD 61/100 ยท close 113.34 5 Dec 2025 ยท EMD 71/100 ยท close 121.23 12 Dec 2025 ยท EMD 75/100 ยท close 124.32 19 Dec 2025 ยท EMD 82/100 ยท close 127.80 26 Dec 2025 ยท EMD 80/100 ยท close 129.39 2 Jan 2026 ยท EMD 79/100 ยท close 127.85 9 Jan 2026 ยท EMD 77/100 ยท close 127.48 16 Jan 2026 ยท EMD 58/100 ยท close 117.14 23 Jan 2026 ยท EMD 55/100 ยท close 113.90 30 Jan 2026 ยท EMD 59/100 ยท close 118.26 6 Feb 2026 ยท EMD 56/100 ยท close 120.76 13 Feb 2026 ยท EMD 48/100 ยท close 113.36 20 Feb 2026 ยท EMD 51/100 ยท close 113.78 27 Feb 2026 ยท EMD 34/100 ยท close 103.50 6 Mar 2026 ยท EMD 33/100 ยท close 104.41 13 Mar 2026 ยท EMD 30/100 ยท close 98.50 20 Mar 2026 ยท EMD 37/100 ยท close 101.90 27 Mar 2026 ยท EMD 30/100 ยท close 100.32 3 Apr 2026 ยท EMD 39/100 ยท close 103.44 10 Apr 2026 ยท EMD 39/100 ยท close 106.75 17 Apr 2026 ยท EMD 27/100 ยท close 100.51 24 Apr 2026 ยท EMD 32/100 ยท close 98.70 1 May 2026 ยท EMD 32/100 ยท close 100.72 8 May 2026 ยท EMD 21/100 ยท close 93.03 15 May 2026 ยท EMD 34/100 ยท close 92.93 22 May 2026 ยท EMD 36/100 ยท close 95.42 29 May 2026 ยท EMD 35/100 ยท close 97.55 5 Jun 2026 ยท EMD 44/100 ยท close 105.40 12 Jun 2026 ยท EMD 45/100 ยท close 106.22 19 Jun 2026 ยท EMD 45/100 ยท close 104.82 26 Jun 2026 ยท EMD 45/100 ยท close 107.89 3 Jul 2026 ยท EMD 51/100 ยท close 110.72 10 Jul 2026 ยท EMD 52/100 ยท close 110.94 17 Jul 2026 ยท EMD 53/100 ยท close 110.82 24 Jul 2026 ยท EMD 54/100 ยท close 109.25 31 Jul 2026 ยท EMD 48/100 ยท close 105.21 7 Aug 2026 ยท EMD 56/100 ยท close 111.24 14 Aug 2026 ยท EMD 66/100 ยท close 113.44 21 Aug 2026 ยท EMD 51/100 ยท close 107.47 28 Aug 2026 ยท EMD 75/100 ยท close 112.37 8 Dec 2023 ยท Up-cycle confirmed ยท close 54.50 16 Jan 2026 ยท Down-cycle confirmed ยท close 117.14 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 93%Current EMD +49.84-week EMD change +54.8156-week price range BRL 46.27โ€“129.39

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

80/1000.95

Strengthening beneath price
4-week change +0.35

02

Trend and deviation

90/100+6.6% vs Trend Line

Price structure supports the trend
Trend gate active

03

Momentum and SMI

82/1004w +6.8% ยท 13w +15.2%

Momentum is supportive
SMI 0.50

04

Price-volume pressure

92/10092% constructive pressure

Volume is confirming the close
Volume ratio 2.35x

05

Relative leadership

40/100-2.52

The ticker is lagging its benchmark
4-week change +8.73

06

Modeled Trend

82/100Modeled Trend 0.62

Modeled Trend is supportive
Smoothed Modeled Trend 0.49

Evidence context