The Greedy Trader Weekly Analysis
Sign In Nov 20, 2020
Skip Navigation Links
TA Search
Weekly W%R:< 20
Number of records: 10
Symbol:  

• Symbol Lookup
• 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.
Williams' Percentage Range - overbought oversold stocks.
Williams' Percentage Range,oversold stocks,overbought,overbought oversold
Williams Percentage Range - Williams %R Bullish Divergence - W%R Bullish Divergence.
Williams Percentage Range,Bullish Divergence,Williams %R Bullish Divergence,W%R Bullish Divergence,W%R indicator,William's Percentage Range

Advanced TA Search

Archive
- 11/13/2020 -
Sign In to see current Signals.

Dow Jones (^DJI)

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is overboughtWeekly  MACD line has moved above its signal lineTrend resistance at 29611.38
Daily :Williams' Percentage Range and Lane's Stochastic are overbought
Move cursor over the icon to see details.

It was a second consecutive positive week for the Dow Jones (^DJI). During the week, the ^DJI gained 1156.41 points, or 4.08%, and closed at 29479.81 on Friday, November 13, 2020. Weekly volume was 15% above average.

Long-term trend: [See ^DJI long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 6440.08 and reached 29933.83 on November 9, 2020. ^DJI gained -23493.75 points, or -364.81%, in 609 weeks. Price is near the trend high.

Medium-term trend: [See ^DJI medium-term trend chart]
A medium-term uptrend had started on March 23, 2020 at 18213.65 and reached 29933.83 on November 9, 2020. ^DJI gained -11720.18 points, or -64.35%, in 33 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (29611.38). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See ^DJI weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See ^DJI short-term trend chart]
A short-term uptrend had started on October 30, 2020 at 26143.77 and reached 29933.83 on November 9, 2020. ^DJI gained -3790.06 points, or -14.50%, in 10 days. The price is now at the 11.98% retracement level.

Daily Technical Indicators: [See ^DJI daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

The daily MACD line is above its signal line since November 4, 2020. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.07
Williams' Percentage Range (W%R) 19.30
Overbought
Lane's Stochastic (%D-Slow) 81.86
Overbought
Greed/Fear Indicator (GFI) 76.56
Moving Average Converg./Diverg. (MACD) 138.55
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.10
Williams' Percentage Range (W%R) 14.70
Overbought
Lane's Stochastic (%D-Slow) 60.67
Greed/Fear Indicator (GFI) 67.03
Moving Average Converg./Diverg. (MACD) 559.10
Trading Signals
Description Value Chart
Upper Bollinger Band 30212.58
Quarterly Trendline Resistance 29611.38
Daily Stochastic Crossing 29508.64
Price 29479.81
Weekly Stochastic Crossing 28274.52
20 Day Moving Average 28087.32
50 Day Moving Average 27959.55
Parabolic System 27889.39
Quarterly Trendline Support 26690.41
Lower Bollinger Band 26495.90
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 26143.77
Low Date 10/30/2020
High 29933.83
High Date 11/09/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26143.77
Low Date 10/30/2020
High 29933.83
High Date 11/09/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26143.77
Low Date 10/30/2020
High 29933.83
High Date 11/09/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 29611.38
Support 26690.41
Low 18213.65
Low Date 03/23/2020
High 29933.83
High Date 11/09/2020
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 6440.08
Low Date 03/09/2009
High 29933.83
High Date 11/09/2020
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.

Copyright© 2004-2018 All rights reserved.