The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
TA Search
Weekly W%R Divergence:Bearish
Number of records: 10
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

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.

Advanced TA Search

Archive
- 3/15/2024 -
Sign In to see current Signals.

F5 Networks (FFIV) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtPrice is near the Fibonacci 23.6% retracement level
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the F5 Networks (FFIV). During the week, the FFIV dropped -5.03 points, or -2.61%, and closed at 187.90 on Friday, March 15, 2024. It was the worst weekly loss since January 5, 2024. Weekly volume was -7% below average.

FFIV is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See FFIV long-term trend chart]
A long-term uptrend had started on April 20, 2023 at 127.05 and reached 199.49 on January 30, 2024. FFIV gained -72.44 points, or -57.02%, in 40 weeks. The price is now at the 16.00% retracement level.

Medium-term trend: [See FFIV medium-term trend chart]
A medium-term uptrend had started on October 23, 2023 at 145.45 and reached 199.49 on January 30, 2024. FFIV gained -54.04 points, or -37.15%, in 14 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See FFIV weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 17, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FFIV short-term trend chart]
A short-term downtrend had started on March 12, 2024 at 195.46 and reached 186.96 on March 15, 2024. FFIV lost 8.50 points, or 4.35%, in 3 days. The price is now at the 11.06% retracement level.

Daily Technical Indicators: [See FFIV daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.82
Williams' Percentage Range (W%R) 32.20
Lane's Stochastic (%D-Slow) 64.39
Greed/Fear Indicator (GFI) 61.35
Moving Average Converg./Diverg. (MACD) 2.50
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.83
Williams' Percentage Range (W%R) 17.00
Overbought
Lane's Stochastic (%D-Slow) 58.93
Greed/Fear Indicator (GFI) 65.45
Moving Average Converg./Diverg. (MACD) 7.65
Trading Signals
Description Value Chart
Upper Bollinger Band 197.08
Parabolic System 195.66
Daily Stochastic Crossing 191.85
Weekly Stochastic Crossing 191.64
20 Day Moving Average 188.52
Price 187.90
50 Day Moving Average 184.05
Lower Bollinger Band 180.96
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Communications Equipment 78
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 195.46
High Date 03/12/2024
Low 186.96
Low Date 03/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 179.42
Low Date 02/21/2024
High 195.46
High Date 03/12/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 145.45
Low Date 10/23/2023
High 199.49
High Date 01/30/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 127.05
Low Date 04/20/2023
High 199.49
High Date 01/30/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 249.00
High Date 12/29/2021
Low 127.05
Low Date 04/20/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.