The Greedy Trader Weekly Analysis
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Daily W%R:> 70
Number of records: 26
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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
AAP 53.085.46%31.3729.99 7 14 Downtrend Broken Resist.Add to Watch List
APA 36.880.03%38.0130.63 3 47 11/22/23	Bullish  Long White Real Body
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BDX 238.892.41%34.6620.40 4 45 4 Add to Watch List
BKR 33.890.53%36.0239.78 3 48 Add to Watch List
BMY 49.76-2.12%27.7016.82 4 71 2 Add to Watch List
CF 78.361.16%23.2240.25 6 11 1 11/24/23	Bullish  Long White Real Body
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CI 287.851.87%31.6747.58 4 113 1 Add to Watch List
CSCO 48.361.26%26.5223.40 10 87 2 Add to Watch List
DISH 3.662.52%39.4718.32 12 28 1 Add to Watch List
DJP 31.29-0.29%28.4642.43 1 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.