On a relative basis, the stock has outperformed the S&P 500 by 1.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -0.83% and the stock has fallen -2.12% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.9% and the 50-Day Moving Average is 1.22%.The 200 Day SMA reached 5.18% Western Alliance Bancorporation is up 6.36% in the last 3-month period. Year-to-Date the stock performance stands at 0.2%.
Western Alliance Bancorporation (WAL) : Currently there are 4 street experts covering Western Alliance Bancorporation (WAL) stock. The most bullish and bearish price target for the stock is $44 and $40 respectively for the short term. The average price target of all the analysts comes to $42.13. The estimated standard deviation from the target is $1.65.
For the current week, the company shares have a recommendation consensus of Buy. Western Alliance Bancorporation (NYSE:WAL): stock was range-bound between the intraday low of $35.81 and the intraday high of $36.25 after having opened at $36.01 on Fridays session. The stock finally closed in the red at $36.01, a loss of -0.88%. The stock remained in the red for the whole trading day. The total traded volume was 955,273 shares. The stock failed to cross $36.25 in Fridays trading. The stocks closing price on Thursday was $35.93.
Western Alliance Bancorporation (WAL) is a bank holding company. The Company provides a range of deposits, lending, treasury management, and online banking products and services through its banking subsidiary, Western Alliance Bank (the Bank). The Companys segments are Arizona, Nevada, Southern California, Northern California, Central Business Line (CBL) and Corporate & Other. Its Arizona, Nevada, and California segments provide full-service banking and related services to their respective markets. It provides a range of financial services to customers, including commercial real estate (CRE) loans, construction and land development loans, commercial loans and consumer loans, through the Bank and its banking divisions, and operating subsidiaries. It offers a range of deposit products, including checking accounts, money market accounts and other types of deposit accounts, such as fixed-rate and fixed maturity retail certificates of deposit.