The Greedy Trader Weekly Analysis
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Weekly W%R:< 20
Number of records: 10
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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.
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

Autodesk, Inc. (ADSK)

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Daily  MACD line has moved below its signal line
Move cursor over the icon to see details.

It was the negative week for the Autodesk, Inc. (ADSK). During the week, the ADSK dropped -8.41 points, or -3.24%, and closed at 251.00 on Friday, November 13, 2020. ADSK was trading at average weekly trading volume.

Long-term trend: [See ADSK long-term trend chart]
A long-term uptrend had started on March 2, 2009 at 11.70 and reached 276.68 on November 9, 2020. ADSK gained -264.98 points, or -2264.79%, in 610 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (62.35) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See ADSK medium-term trend chart]
A medium-term uptrend had started on February 9, 2016 at 41.60 and reached 276.68 on November 9, 2020. ADSK gained -235.08 points, or -565.10%, in 247 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (153.48) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See ADSK weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since September 4, 2020. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See ADSK short-term trend chart]
A short-term uptrend had started on October 30, 2020 at 233.32 and reached 276.68 on November 9, 2020. ADSK gained -43.36 points, or -18.58%, in 10 days. The price is now at the 59.23% retracement level.

Daily Technical Indicators: [See ADSK daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 51.15
Williams' Percentage Range (W%R) 51.40
Lane's Stochastic (%D-Slow) 36.25
Greed/Fear Indicator (GFI) 45.34
Moving Average Converg./Diverg. (MACD) 2.85
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.47
Williams' Percentage Range (W%R) 36.60
Lane's Stochastic (%D-Slow) 64.38
Greed/Fear Indicator (GFI) 59.37
Moving Average Converg./Diverg. (MACD) 12.50
Trading Signals
Description Value Chart
Monthly Trendline Resistance 272.30
Upper Bollinger Band 262.41
Weekly Stochastic Crossing 253.86
Daily Stochastic Crossing 251.47
Price 251.00
20 Day Moving Average 249.89
Parabolic System 247.67
Quarterly Trendline Resistance 241.98
Monthly Trendline Support 240.29
50 Day Moving Average 239.66
Lower Bollinger Band 233.62
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Application Software 25
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 244.30
Low Date 11/11/2020
High 256.91
High Date 11/13/2020
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 233.32
Low Date 10/30/2020
High 276.68
High Date 11/09/2020
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 272.30
Support 240.29
Low 125.38
Low Date 03/18/2020
High 276.68
High Date 11/09/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 241.98
Support 153.48
Low 41.60
Low Date 02/09/2016
High 276.68
High Date 11/09/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 87.07
Support 62.35
Low 11.70
Low Date 03/02/2009
High 276.68
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.

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