Webull Corporation Stock: Record $198.8M Revenue Meets Overbought Warning

NewsThu, 20 Aug 2026 14:40:18 UTC4 hours ago
Webull Corporation Stock: Record $198.8M Revenue Meets Overbought Warning

Webull Corporation stock finds itself in a post-earnings tug-of-war. The stock gapped sharply higher after a record Q2 2026 print, then surrendered much of that move by the close. A strong fundamental catalyst colliding with an extended technical setup defines the tension now facing BULL.

BULL โ€” daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • Webull posted record quarterly revenue of $198.8 million, up 51% year-on-year, with EPS beating estimates by 133.33%.
  • BULL stock gapped sharply higher on earnings but printed a rejection candle, closing near the session low of $9.04.
  • The daily RSI14 sits at 71.84 in overbought territory, while price trades above the upper Bollinger band.
  • The 1-hour chart confirms a bullish EMA stack but flashes an RSI14 of 82.44, warning of near-term exhaustion.
  • Key pivot resistance sits at $9.33โ€“$9.34; support levels to watch are $8.73 (daily S1) and $7.82 (daily EMA20).

The numbers behind the move are hard to ignore. Webull posted record quarterly revenue of $198.8 million, up 51% year-on-year, with trading-related revenue jumping 66% to $147.7 million. Earnings per share came in at $0.05, beating estimates by 133.33%, while revenue surprised to the upside by 13.62%. Management pointed to the elimination of the Pattern Day Trader rule as a genuine turning point for trading volumes. Shares were reported up 11% after-hours in the immediate reaction. That is a real catalyst, not noise.

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