The Greedy Trader Weekly Analysis
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Weekly W%R:> 90
Number of records: 10
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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

Apache Corp. (APA)

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Summary:
Weekly :Oversold sectorWilliams' Percentage Range is oversold
Daily :The price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

During the week, the APA has not change and closed at 33.41 on Friday, May 26, 2023. Weekly volume was -31% below average.

APA is a member of Energy Sector. Energy is the most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See APA long-term trend chart]
A long-term downtrend had started on June 8, 2022 at 51.95 and reached 30.15 on August 5, 2022. APA lost 21.80 points, or 41.96%, in 8 weeks. The price is now at the 14.95% retracement level.

Medium-term trend: [See APA medium-term trend chart]
A medium-term downtrend had started on November 7, 2022 at 50.58 and reached 30.92 on March 16, 2023. APA lost 19.66 points, or 38.87%, in 18 weeks. The price is now at the 12.67% retracement level.

Weekly Technical Indicators: [See APA weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since December 30, 2022. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See APA short-term trend chart]
A short-term uptrend had started on May 16, 2023 at 31.55 and reached 34.70 on May 24, 2023. APA gained -3.15 points, or -9.98%, in 8 days. The price is now at the 40.95% retracement level.

Daily Technical Indicators: [See APA daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since May 18, 2023. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 52.70
Williams' Percentage Range (W%R) 64.20
Lane's Stochastic (%D-Slow) 70.51
Greed/Fear Indicator (GFI) 53.00
Moving Average Converg./Diverg. (MACD) -0.95
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.13
Williams' Percentage Range (W%R) 83.70
Oversold
Lane's Stochastic (%D-Slow) 28.56
Greed/Fear Indicator (GFI) 29.20
Moving Average Converg./Diverg. (MACD) -1.31
Trading Signals
Description Value Chart
Upper Bollinger Band 36.02
50 Day Moving Average 35.54
Parabolic System 34.70
Daily Stochastic Crossing 33.78
Weekly Stochastic Crossing 33.71
Price 33.41
20 Day Moving Average 33.39
Lower Bollinger Band 31.86
Sector and Industry
Description Name Rank
Sector Energy 1
Industry Oil & Gas Exploration & Production 58
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 31.55
Low Date 05/16/2023
High 34.70
High Date 05/24/2023
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 41.11
High Date 04/17/2023
Low 31.55
Low Date 05/16/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 50.58
High Date 11/07/2022
Low 30.92
Low Date 03/16/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 51.95
High Date 06/08/2022
Low 30.15
Low Date 08/05/2022
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 3.80
Low Date 03/18/2020
High 51.95
High Date 06/08/2022
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.

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