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Stocks Screener - Overbought Williams %R

Daily W%R:< 20
Number of records: 374
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- 11/24/2023 -
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^DJI 35390.151.27%91.0866.13 1 Add to Watch List
^GSPC 4559.341.00%91.8165.63 1 Add to Watch List
^IXIC 14250.850.89%87.3666.20 1 Add to Watch List
A 126.6211.90%87.8960.10 4 45 2 Downtrend Broken Resist.Add to Watch List
AAL 12.310.16%66.3928.51 8 13 Add to Watch List
AAPL 189.970.15%85.6263.30 10 77 1 Add to Watch List
ABT 102.873.34%88.7049.12 4 45 11/22/23	Bearish  Deliberation
11/20/23	Bullish  Long White Real Body
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ACN 334.041.89%87.5567.52 10 110 1 Add to Watch List
ADBE 619.432.78%85.6275.17 10 100 1 Add to Watch List
ADI 183.050.0086.3153.42 10 93 2 Downtrend Broken Resist.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.