WEX INC stock forecast: down to 195.90 USD WEX stock price prognosis

STOCK

Forecast for Fri 12 Jul 2024 price 190.99

WEX INC stock price forecast for further price development down to -16.99% (time horizon: 1 day) and price target of 195.90 USD. Short-term (time horizon: 2 weeks) WEX INC share price prediction for 2024-07-12 with daily closed price projections

Key Facts

Symbol WEX 

ISIN US96208T1043 

CUSIP 96208T104


Currency USD


Category Services-Business Services, Nec

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 1,538,947,000.0


Earnings per share -5.25


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

With our ownership of WEX Bank, we have access to low-cost sources of capital. WEX Bank's primary regulators are Utah DFI and the FDIC. These controls are in place to limit fraud and unauthorized spending. OTHER ITEMS Markets We face competition in all of our segments. None of our U.S.-based employees are subject to a collective bargaining agreement. WEX Bank is also an FDIC-insured depository institution. WEX Bank is subject to funding risks associated with its reliance on brokered deposits. As such, the future of LIBOR and the potential alternatives at this time is uncertain. Regulators often monitor other approaches to the governance of the payment industry. Any of these changes could have a material adverse effect on our profitability.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1309108/000130910821000018/0001309108-21-000018.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 43.40/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 34430
A - OVERSEA-CHINESE BANKING Corp Ltd 2023-03-31 27698
A - OVERSEA-CHINESE BANKING Corp Ltd 2022-12-31 26992
A - Yarbrough Capital, LLC 2023-06-30 2318
A - Atria Wealth Solutions, Inc. 2023-03-31 2045

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Old Westbury Funds Inc 2023-07-31 8704 Long
Old Westbury Funds Inc 2023-07-31 74435 Long
Pacer Funds Trust 2023-07-31 7440 Long
Pacer Funds Trust 2023-07-31 1333 Long
Prudential Jennison Mid-Cap Growth Fund, Inc. 2023-11-30 245082 Long

Insider trading for WEX INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1185424 Groch James R 2023-08-17 BUY Accept Reject Reject Accept
1317495 Rapkin Hilary A 2024-02-16 SALE Accept Reject Accept Accept
1732729 Tinto Melanie J 2024-02-16 SALE Accept Accept Accept Accept
1824593 Narula Jagtar 2024-03-19 SALE Accept Accept Accept Reject
1788329 Deshaies Robert Joseph 2024-05-02 SALE Accept Accept Accept Accept
1903739 Kimball Jennifer 2024-05-02 SALE Accept Accept Accept Accept
1180651 Vanwoerkom Jack 2023-11-21 SALE Accept Accept Accept Accept
1904058 Carriedo Carlos 2024-05-02 SALE Accept Accept 0 0
2008665 Trickett Sara 2024-05-01 SALE Accept Accept Accept 0


Bollinger Bollinger Bands for WEX INC can provide the information where the market is moving based on price information.


WEX INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns WEX INC.


On-Balance Volume information for WEX INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for WEX INC. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for WEX INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for WEX INC. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for WEX INC. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for WEX INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for WEX INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


WEX INC on Nasdaq

WEX INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 195.90 2024-05-18 15:54
2024-05-22 196.65 2024-05-18 15:54
2024-05-23 196.52 2024-05-18 15:54
2024-05-20 197.92 2024-05-18 15:54
2024-05-21 196.32 2024-05-18 15:54
2024-06-07 194.18 2024-05-18 15:54
2024-05-30 195.41 2024-05-18 15:54
2024-05-27 196.09 2024-05-18 15:54
2024-05-28 196.05 2024-05-18 15:54
2024-05-29 196.05 2024-05-18 15:54
2024-06-05 194.79 2024-05-18 15:54
2024-06-03 195.05 2024-05-18 15:54
2024-06-04 194.91 2024-05-18 15:54
2024-05-31 195.34 2024-05-18 15:54
2024-06-06 194.60 2024-05-18 15:54
2024-06-11 193.97 2024-05-18 15:54
2024-06-12 193.48 2024-05-18 15:54
2024-06-13 193.51 2024-05-18 15:54
2024-06-17 193.26 2024-05-18 15:54
2024-06-18 193.12 2024-05-18 15:54
2024-06-19 192.96 2024-05-18 15:54
2024-06-20 192.86 2024-05-18 15:54
2024-06-14 193.29 2024-05-18 15:54
2024-06-10 194.13 2024-05-18 15:54
2024-06-24 192.61 2024-05-18 15:54
2024-06-25 192.43 2024-05-18 15:54
2024-07-08 191.39 2024-05-18 15:54
2024-07-09 191.31 2024-05-18 15:54
2024-07-05 191.52 2024-05-18 15:54
2024-07-12 190.99 2024-05-18 15:54
2024-06-21 192.72 2024-05-18 15:54
2024-06-26 192.34 2024-05-18 15:54
2024-07-10 191.19 2024-05-18 15:54
2024-07-11 191.10 2024-05-18 15:54
2024-06-28 192.10 2024-05-18 15:54
2024-07-01 191.99 2024-05-18 15:54
2024-07-02 191.86 2024-05-18 15:54
2024-07-03 191.73 2024-05-18 15:54
2024-06-27 192.21 2024-05-18 15:54
2024-07-04 191.63 2024-05-18 15:54

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.