Symbol:
|
|
|
|
Symbol Lookup |
|
View Technical Chart |
|
Add to Watch List |
|
Candlestick Patterns |
|
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.
|
|
|
|
|
|
Advanced TA SearchArchive - 3/15/2024 - Sign In to see current Signals. |
Exelon Corp. (EXC) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Exelon Corp. (EXC). During the week, the EXC dropped -0.48 points, or -1.30%, and closed at 36.48 on Friday, March 15, 2024. Weekly volume was 53% above average. EXC is a member of Utilities Sector. Utilities is the most oversold 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 EXC long-term trend chart] A long-term downtrend had started on January 9, 2023 at 44.37 and reached 33.35 on February 9, 2024. EXC lost 11.02 points, or 24.84%, in 56 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 32.82 and resistance is at 42.45. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend. Medium-term trend: [See EXC medium-term trend chart] A medium-term uptrend had started on February 9, 2024 at 33.35 and reached 37.42 on March 13, 2024. EXC gained -4.07 points, or -12.20%, in 4 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level. Weekly Technical Indicators: [See EXC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since March 1, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See EXC short-term trend chart] A short-term downtrend had started on March 13, 2024 at 37.42 and reached 36.21 on March 15, 2024. EXC lost 1.21 points, or 3.23%, in 2 days. Price is near the Fibonacci 23.6% retracement level. Daily Technical Indicators: [See EXC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since February 9, 2024. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (36.17) comes close to the price (36.48). It indicates that the trend is getting weaker. 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.
| |
|
|