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Stocks Screener - Strongly Overbought Williams %R

Daily W%R:< 10
Number of records: 59
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- 9/15/2023 -
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Symbol View HelpWeekly View HelpGFI View HelpOscillators View HelpTrend Analysis View HelpRanking View HelpTechnical View HelpCandle View HelpWatch View Help
AEP 80.042.96%74.2927.75 3 34 2 Add to Watch List
AJG 230.140.85%72.5979.77 10 114 1 Add to Watch List
AKAM 104.50-0.17%65.8180.07 11 92 1 Add to Watch List
AMGN 260.720.50%78.7278.64 4 64 3 Downtrend Broken Resist.09/11/23	Bearish  Advance Block
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APD 302.111.21%83.2666.17 8 108 2 Add to Watch List
BKLN 21.270.47%93.2775.23 1 Downtrend Broken Resist.Add to Watch List
CB 212.203.68%87.2273.79 10 93 Add to Watch List
CF 82.10-1.96%73.7872.21 8 44 Downtrend Resistance09/11/23	Bearish  Dark Cloud Cover
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CHTR 447.956.04%79.4484.10 9 102 2 Downtrend Broken Resist.09/13/23	Bearish  Deliberation
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CME 206.820.89%83.3981.39 10 87 1 Uptrend ExhaustionAdd 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.