The Greedy Trader Weekly Analysis
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Daily W%R:< 30
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- 2/14/2025 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
^DJI 44546.080.55%61.3771.40 Add to Watch List
^GSPC 6114.631.47%78.3275.11 1 Add to Watch List
^IXIC 20026.772.58%75.6469.25 1 Add to Watch List
AAP 47.874.18%54.1374.20 5 120 1 Add to Watch List
AAPL 244.607.47%66.7947.07 7 41 2 Downtrend Broken Resist.02/14/25	Bearish  Advance Block
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ABBV 192.901.21%86.2464.07 8 55 1 Add to Watch List
ABT 130.601.16%76.4877.09 8 80 2 Add to Watch List
ACN 388.000.52%66.7369.82 7 84 1 Add to Watch List
ADBE 460.206.26%83.5534.81 7 37 3 02/13/25	Bearish  Dark Cloud Cover
02/12/25	Bearish  Advance Block
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ADP 308.200.72%73.0670.03 7 119 1 Add 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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