The Greedy Trader Weekly Analysis
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Stocks Screener - Strongly Oversold Williams %R

Daily W%R:> 90
Number of records: 21
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- 2/16/2024 -
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Symbol View HelpWeekly View HelpGFI View HelpOscillators View HelpTrend Analysis View HelpRanking View HelpTechnical View HelpCandle View HelpWatch View Help
AGG 97.10-0.54%21.3759.00 3 02/14/24	Bearish  Downside Tasuki Gap
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AMGN 283.70-2.55%14.0659.04 9 41 02/13/24	Bearish  Dark Cloud Cover
02/12/24	Bullish  Piercing Line
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BND 72.00-0.51%21.5858.90 4 02/14/24	Bearish  Downside Tasuki Gap
02/13/24	Bearish  Long Red Real Body
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BOND 90.83-0.43%21.2661.19 3 02/14/24	Bearish  Thrusting
02/13/24	Bearish  Long Red Real Body
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BSV 76.45-0.26%20.5762.71 3 Downtrend Broken Resist.02/13/24	Bearish  Long Red Real Body
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CCL 14.80-3.33%16.6543.36 7 52 1 Add to Watch List
DE 360.68-5.41%18.9838.51 12 12 2 Add to Watch List
FDX 237.59-2.07%24.5624.23 12 14 1 Add to Watch List
FMC 52.341.14%20.6430.92 5 17 1 Add to Watch List

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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Warning: 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.