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Stocks Screener - Oversold Williams %R

Weekly W%R:> 80
Number of records: 108
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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
A 115.911.68%34.2232.99 4 31 4 Add to Watch List
AAL 13.31-4.79%15.9418.63 7 8 1 Add to Watch List
AAP 59.82-7.41%27.7327.18 5 16 3 09/11/23	Bearish  Long Red Real Body
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ABT 101.741.00%48.0926.20 4 31 Add to Watch List
AES 17.24-0.17%30.9317.40 3 34 1 Add to Watch List
AGG 95.49-0.30%34.1624.27 Add to Watch List
AIV 7.34-1.08%20.3219.09 6 30 1 Add to Watch List
ALB 183.84-0.32%23.3422.46 8 70 Add to Watch List
ALK 39.47-0.85%23.1814.76 7 8 2 Add to Watch List
ALLE 105.68-2.24%15.8923.11 7 37 1 Add 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.