The Greedy Trader Weekly Analysis
Sign In Nov 15, 2024
Skip Navigation Links

Stocks Screener - Overbought Williams %R

Share
Daily W%R:< 20
Number of records: 140
Archive
Sign In to see current Analysis.

Trend Analysis and Technical Indicators Scanner

- 11/8/2024 -
Your access is limited. Subscribe to see all 140 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
^DJI 43988.994.61%72.7779.16 4 Add to Watch List
^GSPC 5995.544.66%73.8682.12 4 11/08/24	Bearish  Deliberation
Add to Watch List
^IXIC 19286.785.74%76.7082.72 4 11/08/24	Bearish  Advance Block
Add to Watch List
AAL 13.741.18%66.2681.03 10 120 1 Add to Watch List
ADP 305.305.75%83.6685.24 9 84 3 Uptrend ExhaustionAdd to Watch List
ADSK 306.106.69%85.0586.01 9 74 4 Uptrend ExhaustionAdd to Watch List
AIZ 209.409.18%77.4173.04 12 95 5 Add to Watch List
AJG 294.805.14%67.8762.59 12 78 4 Add to Watch List
ALK 51.003.60%77.9184.99 10 120 2 Downtrend Broken Resist.11/06/24	Bullish  Three Inside Up
11/05/24	Bullish  Harami
11/04/24	Bearish  Long Red Real Body
Add to Watch List
AME 190.907.01%84.3875.54 10 101 3 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.