The Greedy Trader Weekly Analysis
Sign In Feb 23, 2024
Skip Navigation Links
TA Search
Weekly W%R Divergence:Bullish
Number of records: 2
Share
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.

Advanced TA Search

Archive
- 2/16/2024 -
Sign In to see current Signals.

Boston Properties (BXP) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance line
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a second consecutive positive week for the Boston Properties (BXP). During the week, the BXP gained 3.18 points, or 4.95%, and closed at 67.36 on Friday, February 16, 2024. It was the best weekly gain since December 15, 2023. Weekly volume was -10% below average.

Long-term trend: [See BXP long-term trend chart]
A long-term downtrend had started on February 19, 2020 at 147.83 and reached 46.18 on March 24, 2023. BXP lost 101.65 points, or 68.76%, in 161 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 40.57 and resistance is at 116.13. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.

Medium-term trend: [See BXP medium-term trend chart]
A medium-term downtrend had started on March 29, 2022 at 133.11 and reached 46.18 on March 24, 2023. BXP lost 86.93 points, or 65.31%, in 51 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (52.44) 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 medium-term trend.

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

The weekly MACD line is above its signal line since December 1, 2023. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See BXP short-term trend chart]
A short-term downtrend had started on December 14, 2023 at 73.97 and reached 60.75 on February 13, 2024. BXP lost 13.22 points, or 17.87%, in 61 days. The chart has formed a Broadening Descending Wedge chart pattern.

Daily Technical Indicators: [See BXP daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

During the last week, the price has moved above 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) 38.90
Williams' Percentage Range (W%R) 61.70
Lane's Stochastic (%D-Slow) 62.31
Greed/Fear Indicator (GFI) 46.52
Moving Average Converg./Diverg. (MACD) -0.92
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 69.01
Williams' Percentage Range (W%R) 37.20
Lane's Stochastic (%D-Slow) 57.67
Greed/Fear Indicator (GFI) 59.39
Moving Average Converg./Diverg. (MACD) 1.59
Trading Signals
Description Value Chart
Monthly Trendline Resistance 75.89
Upper Bollinger Band 72.70
50 Day Moving Average 68.27
Weekly Stochastic Crossing 67.48
Price 67.36
20 Day Moving Average 66.76
Daily Stochastic Crossing 65.63
Parabolic System 60.99
Lower Bollinger Band 59.73
Monthly Trendline Support 54.86
Sector and Industry
Description Name Rank
Sector Real Estate 4
Industry Office REITs 39
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 73.97
High Date 12/14/2023
Low 60.75
Low Date 02/13/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 50.64
Low Date 11/13/2023
High 73.97
High Date 12/14/2023
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 75.89
Support 54.86
Low 46.18
Low Date 03/24/2023
High 73.97
High Date 12/14/2023
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 45.06
Support 52.44
High 133.11
High Date 03/29/2022
Low 46.18
Low Date 03/24/2023
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 116.13
Support 40.57
High 147.83
High Date 02/19/2020
Low 46.18
Low Date 03/24/2023
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.