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Weekly W%R Divergence:Bullish
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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.

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- 11/24/2023 -
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Alexandria Real Estate Equities (ARE) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved above its signal line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AveragePrice is near the Fibonacci 23.6% retracement level
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It was a second consecutive positive week for the Alexandria Real Estate Equities (ARE). During the week, the ARE gained 1.46 points, or 1.41%, and closed at 105.18 on Friday, November 24, 2023. Weekly volume was -35% below average.

Long-term trend: [See ARE long-term trend chart]
A long-term downtrend had started on December 31, 2021 at 224.95 and reached 90.73 on October 31, 2023. ARE lost 134.22 points, or 59.67%, in 95 weeks. The price is now at the 10.77% retracement level.

Medium-term trend: [See ARE medium-term trend chart]
A medium-term uptrend had started on October 31, 2023 at 90.73 and reached 108.62 on November 15, 2023. ARE gained -17.89 points, or -19.72%, in 2 weeks. The price is now at the 19.23% retracement level.

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

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See ARE short-term trend chart]
A short-term uptrend had started on November 13, 2023 at 93.17 and reached 108.62 on November 15, 2023. ARE gained -15.45 points, or -16.58%, in 2 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The daily MACD line is above its signal line since October 30, 2023. This is an indication that the short-term trend is up.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.27
Williams' Percentage Range (W%R) 24.30
Lane's Stochastic (%D-Slow) 72.35
Greed/Fear Indicator (GFI) 67.77
Moving Average Converg./Diverg. (MACD) 0.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 41.17
Williams' Percentage Range (W%R) 65.30
Lane's Stochastic (%D-Slow) 30.93
Greed/Fear Indicator (GFI) 36.41
Moving Average Converg./Diverg. (MACD) -7.65
Trading Signals
Description Value Chart
Upper Bollinger Band 110.88
Daily Stochastic Crossing 105.94
Price 105.18
50 Day Moving Average 99.97
20 Day Moving Average 99.64
Parabolic System 97.88
Weekly Stochastic Crossing 97.41
Lower Bollinger Band 91.35
Sector and Industry
Description Name Rank
Sector Real Estate 5
Industry Office REITs 27
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 93.17
Low Date 11/13/2023
High 108.62
High Date 11/15/2023
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 90.73
Low Date 10/31/2023
High 108.62
High Date 11/15/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 129.76
High Date 07/27/2023
Low 90.73
Low Date 10/31/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 172.65
High Date 02/02/2023
Low 90.73
Low Date 10/31/2023
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 224.95
High Date 12/31/2021
Low 90.73
Low Date 10/31/2023
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.