Wells Fargo Surges 1.67% on $1.12B Volume, 83rd in Day’s Trading as RSI Strategy Yields 29.66% Return

On October 13, 2025, Wells Fargo (WFC) closed with a 1.67% gain, trading on a $1.12 billion volume that ranked it 83rd in market activity for the day. The stock’s performance followed a strategic bounce observed in technical indicators, aligning with historical patterns seen in momentum-driven assets.

Analysts highlighted the stock’s response to oversold conditions, as defined by a 14-day RSI dropping below 30—a widely adopted threshold in professional trading circles. This triggered a one-day holding strategy that has historically generated a 29.66% total return between January 1, 2022, and October 13, 2025. The approach, though volatile with a 12.9% maximum drawdown, demonstrated a Sharpe ratio of 0.53, indicating moderate risk-adjusted returns.

Key parameters of the strategy included strict adherence to daily close prices and a fixed exit rule after one trading day. These rules were designed to minimize holding periods while leveraging short-term momentum signals. The equity curve and trade distribution suggest the strategy’s effectiveness in capturing rebounds in extended downtrends.

The one-day RSI-oversold bounce on Wells Fargo from January 1, 2022, to October 13, 2025, yielded a total strategy return of 29.66% (annualized ≈ 8.0%), with a 12.9% maximum drawdown and a Sharpe ratio of 0.53. Entry was triggered when the 14-day RSI fell below 30, and positions were liquidated the following day’s close. Pricing relied on daily close data to align with standard testing conventions.