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Stocks Screener - Overbought Williams %R

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Daily W%R:< 20
Number of records: 72
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- 3/15/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AAP 81.7711.89%90.9275.17 7 103 1 03/15/24	Bullish  Long White Real Body
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AIG 76.272.50%88.6979.52 11 121 1 Add to Watch List
AZO 3124.331.46%79.5179.84 7 110 2 Add to Watch List
BKLN 21.220.14%81.2870.40 3 Add to Watch List
BKR 32.325.62%85.5742.32 9 27 03/13/24	Bearish  Deliberation
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CAT 346.972.29%76.8782.61 12 123 1 03/12/24	Bearish  Downside Tasuki Gap
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CE 160.052.93%80.4171.67 10 42 1 Downtrend Broken Resist.Add to Watch List
CINF 119.902.23%83.8682.21 11 121 2 Uptrend ExhaustionAdd to Watch List
COP 120.046.23%83.6359.62 9 57 3 Add to Watch List
CPRT 56.132.13%84.5581.18 12 117 Uptrend Exhaustion03/15/24	Bearish  Two Crows
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Williams' Percentage Range (W%R)

Williams' %R is an effective momentum indicator that measures overbought/oversold levels. Like other indicators, W%R ranges between 0% and 100% , but in opposite to the other indicators, the 0% indicating overbought and 100% - the oversold stocks. W%R measures the closing price in relation to the recent low/high range. A bullish signal is generated when the W%R has reached 100, five time bars have elapsed, and the W%R has subsequently fallen to 95. A reverse signal is considered as bearish. For the sake of simplicity, the W%R closed above 10% is considered bearish and below 90% - bullish. In trending markets, the W%R stays at one end of the scale and gives false signals to trade against the trend. That is why W%R is not considered a stand-along technique, and it is essential to use it with some sort of trend formation indicators. The divergence between price and W%R rarely occurs and presents an important buy/sell signal. As our research shows, the W%R move to upper or lower bounds can be used as an earliest signal of an impending reversal. Using the Williams %R bullish divergence/bearish divergence, chart patterns, trendlines, support, and resistance lines along with the W%R chart can be very useful.
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