The Greedy Trader Weekly Analysis
Sign In Jun 2, 2023
Skip Navigation Links
TA Search
Weekly W%R Divergence:Bullish
Number of records: 10
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.
Williams' Percentage Range - overbought oversold stocks.
Williams' Percentage Range,oversold stocks,overbought,overbought oversold
Williams Percentage Range - Williams %R Bullish Divergence - W%R Bullish Divergence.
Williams Percentage Range,Bullish Divergence,Williams %R Bullish Divergence,W%R Bullish Divergence,W%R indicator,William's Percentage Range

Assurant Inc. (AIZ)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Daily  MACD line has moved below its signal lineThe 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 Assurant Inc. (AIZ). During the week, the AIZ dropped -4.20 points, or -3.26%, and closed at 124.78 on Friday, May 26, 2023. It was the worst weekly loss since March 17, 2023. Weekly volume was -27% below average.

Long-term trend: [See AIZ long-term trend chart]
A long-term downtrend had started on April 21, 2022 at 194.12 and reached 104.49 on March 17, 2023. AIZ lost 89.63 points, or 46.17%, in 47 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (96.50) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See AIZ medium-term trend chart]
A medium-term uptrend had started on March 17, 2023 at 104.49 and reached 134.82 on May 5, 2023. AIZ gained -30.33 points, or -29.03%, in 7 weeks. The price is now at the 33.10% retracement level.

Weekly Technical Indicators: [See AIZ weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since April 6, 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 AIZ short-term trend chart]
A short-term downtrend had started on May 5, 2023 at 134.82 and reached 123.72 on May 26, 2023. AIZ lost 11.10 points, or 8.23%, in 21 days. The price is now at the 9.55% retracement level.

Daily Technical Indicators: [See AIZ 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 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) 27.36
Williams' Percentage Range (W%R) 68.80
Lane's Stochastic (%D-Slow) 20.38
Greed/Fear Indicator (GFI) 26.32
Moving Average Converg./Diverg. (MACD) 2.20
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.36
Williams' Percentage Range (W%R) 38.20
Lane's Stochastic (%D-Slow) 74.34
Greed/Fear Indicator (GFI) 61.89
Moving Average Converg./Diverg. (MACD) -6.11
Trading Signals
Description Value Chart
Upper Bollinger Band 132.80
Parabolic System 131.31
Weekly Stochastic Crossing 130.89
20 Day Moving Average 128.65
Daily Stochastic Crossing 125.24
Price 124.78
50 Day Moving Average 121.56
Lower Bollinger Band 120.86
Quarterly Trendline Resistance 114.19
Sector and Industry
Description Name Rank
Sector Financials 4
Industry Multi-line Insurance 72
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 132.73
High Date 05/19/2023
Low 123.72
Low Date 05/26/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 134.82
High Date 05/05/2023
Low 123.72
Low Date 05/26/2023
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 104.49
Low Date 03/17/2023
High 134.82
High Date 05/05/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 114.19
Support 96.50
High 194.12
High Date 04/21/2022
Low 104.49
Low Date 03/17/2023
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 12.52
Low Date 11/20/2008
High 194.12
High Date 04/21/2022
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.

Copyright© 2004- All rights reserved.