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Stocks Screener - Williams' Percentage Range Bearish Divergence

Daily W%R Divergence:Bearish
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- 11/24/2023 -
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Symbol View HelpWeekly View HelpGFI View HelpOscillators View HelpTrend Analysis View HelpRanking View HelpTechnical View HelpCandle View HelpWatch View Help
^IXIC 14250.850.89%87.3666.20 1 Add to Watch List
AAL 12.310.16%66.3928.51 8 13 Add to Watch List
AKAM 113.651.14%88.5274.57 10 95 2 Add to Watch List
AMD 122.311.40%80.6672.47 10 93 11/20/23	Bearish  Deliberation
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AMT 199.320.80%81.8274.46 5 92 11/20/23	Bullish  Piercing Line
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AMZN 146.741.07%79.9072.42 7 97 3 Add to Watch List
ANET 218.391.75%77.1376.10 10 87 1 11/20/23	Bearish  Deliberation
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BF.B 59.752.12%72.8838.97 2 24 Downtrend Broken Resist.Add to Watch List
CBOE 180.062.04%82.4285.79 11 104 1 Uptrend ExhaustionAdd to Watch List
CL 77.312.29%79.0978.55 2 67 1 Downtrend Broken Resist.Add to Watch List

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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Warning: 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.