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Stocks Screener - Williams' Percentage Range Bullish Divergence

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Daily W%R Divergence:Bullish
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- 12/13/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AFL 104.50-2.62%12.0848.23 11 77 1 Add to Watch List
AIG 72.87-3.56%16.7942.67 11 70 1 12/13/24	Bullish  Doji
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AMAT 169.40-2.09%22.3621.37 7 4 1 Add to Watch List
BAX 30.32-4.65%15.6717.24 2 39 4 Downtrend ExhaustionAdd to Watch List
CDW 176.10-2.20%45.9217.08 7 3 2 Add to Watch List
COO 94.85-3.90%20.2829.10 2 26 2 12/12/24	Bearish  Long Red Real Body
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COP 101.00-2.15%9.7330.71 3 17 2 12/10/24	Bearish  Three Black Crows
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DD 80.84-2.39%26.0135.58 1 27 1 Add to Watch List
DHI 149.90-5.43%16.3619.73 8 8 2 Downtrend ExhaustionAdd to Watch List
DOW 40.86-2.69%17.9714.38 1 1 3 Downtrend ExhaustionAdd to Watch List
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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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