The Greedy Trader Weekly Analysis
Sign In Feb 23, 2024
Skip Navigation Links

Stocks Screener - Strongly Oversold Williams %R

Share
Daily W%R:> 90
Number of records: 21
Archive
Sign In to see current Analysis.

Trend Analysis and Technical Indicators Scanner

- 2/16/2024 -
Your access is limited. Subscribe to see all 21 selected stocks.
Open Saved Filters How to use the Analysis page?
Symbol View HelpWeekly View HelpGFI View HelpOscillators View HelpTrend Analysis View HelpRanking View HelpTechnical View HelpCandle View HelpWatch View Help
PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AGG 97.10-0.54%21.3759.00 3 02/14/24	Bearish  Downside Tasuki Gap
Add to Watch List
AMGN 283.70-2.55%14.0659.04 9 41 02/13/24	Bearish  Dark Cloud Cover
02/12/24	Bullish  Piercing Line
Add to Watch List
BND 72.00-0.51%21.5858.90 4 02/14/24	Bearish  Downside Tasuki Gap
02/13/24	Bearish  Long Red Real Body
Add to Watch List
BOND 90.83-0.43%21.2661.19 3 02/14/24	Bearish  Thrusting
02/13/24	Bearish  Long Red Real Body
Add to Watch List
BSV 76.45-0.26%20.5762.71 3 Downtrend Broken Resist.02/13/24	Bearish  Long Red Real Body
Add to Watch List
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
Help

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.
Related Links
Hide Help
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.