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

Ameren Corporation (AEE)

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Summary:
Weekly :Overbought sectorLane's Stochastic and MACD bearish divergenceBroken trend resistance lineTrend support at 81.67
Daily :The price has fallen below the Parabolic SARBearish Downside Tasuki Gap CandlestickPrice is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger BandsThe period of low volatility of the stock price
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It was a second consecutive positive week for the Ameren Corporation (AEE). During the week, the AEE climbed 0.34 points, or 0.42%, and closed at 82.19 on Friday, November 13, 2020. AEE was trading at average weekly trading volume.

AEE is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See AEE long-term trend chart]
A long-term uptrend had started on March 12, 2009 at 19.51 and reached 87.66 on March 4, 2020. AEE gained -68.15 points, or -349.31%, in 572 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (64.19) 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 AEE medium-term trend chart]
A medium-term uptrend had started on September 21, 2020 at 75.27 and reached 86.90 on November 9, 2020. AEE gained -11.63 points, or -15.45%, in 7 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (81.67) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.

Weekly Technical Indicators: [See AEE weekly technical indicators chart]
Weekly technical indicators are neutral. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 Lane's Stochastic help.

The weekly MACD line is above its signal line since July 10, 2020. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See AEE short-term trend chart]
A short-term downtrend had started on November 9, 2020 at 86.90 and reached 80.79 on November 12, 2020. AEE lost 6.11 points, or 7.03%, in 3 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

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

The daily MACD line is below its signal line since October 28, 2020. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 4.67% on Friday. It is 58.78% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Candlestick pattern: [See AEE candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.59
Williams' Percentage Range (W%R) 78.20
Lane's Stochastic (%D-Slow) 28.76
Greed/Fear Indicator (GFI) 31.03
Moving Average Converg./Diverg. (MACD) 0.60
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.03
Williams' Percentage Range (W%R) 27.70
Lane's Stochastic (%D-Slow) 74.98
Bearish
Greed/Fear Indicator (GFI) 66.41
Moving Average Converg./Diverg. (MACD) 1.33 Bearish
Trading Signals
Description Value Chart
Monthly Trendline Resistance 87.64
Parabolic System 86.86
Upper Bollinger Band 84.09
Weekly Stochastic Crossing 83.93
20 Day Moving Average 82.56
Daily Stochastic Crossing 82.30
Price 82.19
Monthly Trendline Support 81.67
50 Day Moving Average 80.43
Lower Bollinger Band 80.23
Yearly Trendline Resistance 72.49
Sector and Industry
Description Name Rank
Sector Utilities 12
Industry Multi-Utilities 105
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 86.90
High Date 11/09/2020
Low 80.79
Low Date 11/12/2020
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 86.90
High Date 11/09/2020
Low 80.79
Low Date 11/12/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 87.64
Support 81.67
Low 75.27
Low Date 09/21/2020
High 86.90
High Date 11/09/2020
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 58.74
Low Date 03/23/2020
High 86.90
High Date 11/09/2020
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 72.49
Support 64.19
Low 19.51
Low Date 03/12/2009
High 87.66
High Date 03/04/2020
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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