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WAFD — Oversold Bullish Reversal
Status: Invalidated
Scanner score: 35.0/100
Why this was flagged
WAFD was identified as a bullish technical setup based on the Oversold Bullish Reversal pattern. The scanner found a score of 35.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest stored daily low of 33.4000 reached or fell below stop loss 33.4632.
Trade framework
Position-sizing example
These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.
Exit plan
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.
Easy explanation for new investors
The scanner looked for a pattern called an "Oversold Bullish Reversal." This happens when a stock price drops a lot and might start going back up. WaFd Inc (WAFD) caught attention because its strength score was very low, around 24 out of 100. In trading, a very low score often means the stock is "oversold," which just means it has fallen fast. The scanner also saw high trading activity. Specifically, the number of shares traded was 2.57 times the normal average for the last 20 days. High activity can signal that big changes might be happening. However, the overall score was only 35 out of 100, which is quite low. This suggests the pattern was weak or uncertain when it was first spotted.
What the price plan means
The plan aimed to buy between $34.10 and $34.30. If the stock dropped below $33.46, the plan was considered broken. That bottom line is called a stop loss. It acts like a safety net to limit big losses. The goals, or targets, were $35.37 and $36.01. The plan aimed for a reward that was twice the risk. This means for every dollar you might lose, you hoped to make two dollars. It is a common rule traders use to manage their money wisely and protect their savings.
What could make the idea fail
Unfortunately, this specific idea has already failed. The scanner noted that the stock price recently dipped to $33.40. This went below the safety net of $33.46. When this happens, the setup is marked as "invalidated." It means the predicted move did not happen in time. Relying on a pattern that has already broken can lead to losing money.
Important reminder
This text is for education only. It is not advice to buy or sell any stock. Markets are unpredictable. Always do your own homework and talk to a professional before making financial choices.
Recent news context
This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.
Overall context: Neutral (High confidence)
WaFd Inc is currently trading at $34.10, recently acquired by institutional investors such as Manufacturers Life Insurance and Corient Private Wealth. Recent earnings showed strong revenue that exceeded estimates, although earnings per share slightly missed expectations. The company maintains a consensus analyst rating of "Hold" with a $37.00 price target. A significant corporate development involves an announced merger with EverBank, where WaFd is expected to remain the regional brand despite EverBank being the continuing chartered entity. The stock currently exhibits an oversold technical setup.
Potentially supportive context
- Quarterly revenue exceeded market estimates in the most recent reporting period.
- The company maintains a quarterly dividend of $0.27 per share, providing a 3.1% yield.
- Analysts maintain a consensus "Hold" rating with a $37.00 price target.
Risks and caution items
- Recent earnings per share slightly missed market estimates.
- Institutional analysts currently maintain a "Hold" consensus rather than a Buy rating.
- The announced merger with EverBank introduces corporate transition variables and structural changes to the entity.
Latest reviewed article: Sep 8, 2026 1:21 am
Recent related articles
Seattle-headquartered WaFd Bank, which has a West Seattle branch, is merging with EverBank. Although EverBank will be the continuing bank chartered by the Office of the Comptroller of the Currency, it appears WaFd will remain the regional brand. This merger follows WaFd…
The Manufacturers Life Insurance Company acquired 36,931 shares of WaFd, Inc. (NASDAQ:WAFD) valued at approximately $1.42 million during the second quarter. Despite missing earnings estimates slightly, WaFd reported strong revenue and declared a quarterly dividend of $0.27 per share. Institutional investors collectively…
Corient Private Wealth LP has made a new investment in WaFd, Inc. (NASDAQ:WAFD), purchasing 68,899 shares valued at $2.64 million, making them one of several institutional investors in the bank. Despite a consensus "Hold" rating and a target price of $37.00 from…
Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.
Scanner confirmations
- Current volume is at least 1.25x the 20-day average volume.
- RSI is near oversold territory with bullish candle confirmation.