Bulletin
Investor Alert

New York Markets Close in:

April 18, 2021, 8:49 p.m. EDT

How to trade Webster Financial $WBS With Risk Controls

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Webster Financial Corp. (WBS)

or Cancel Already have a watchlist? Log In

Apr 18, 2021 (Stock Traders Daily via COMTEX) -- Price matters most to making money in the market. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Webster Financial /zigman2/quotes/207965570/composite WBS -0.14% report below can help you, but we have more details too. The trading plans for WBS, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports .

Technical Summary

The Technical Summary and Trading Plans for WBS help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this WBS Report.

The technical summary data tells us to buy WBS near 54.37 with an upside target of 61.22. This data also tells us to set a stop loss @ 54.21 to protect against excessive loss in case the stock begins to move against the trade. 54.37 is the first level of support below 57.37 , and by rule, any test of support is a buy signal. In this case, support 54.37 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of WBS as it gets near 61.22 with a downside target of 54.37. We should have a stop loss in place at 61.4though. 61.22 is the first level of resistance above 57.37, and by rule, any test of resistance is a short signal. In this case, if resistance 61.22 is being tested, a short signal would exist.

COMTEX_384654287/2570/2021-04-18T20:48:52

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/207965570/composite
US : U.S.: NYSE
$ 57.53
-0.08 -0.14%
Volume: 491,931
May 18, 2021 2:09p
P/E Ratio
18.46
Dividend Yield
2.77%
Market Cap
$5.21 billion
Rev. per Employee
N/A
loading...

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.