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Stocks Screener - Overbought Williams %R

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Weekly W%R:< 20
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- 9/6/2024 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
AAPL 220.82-3.57%41.5766.87 3 27 1 09/05/24	Bearish  Downside Tasuki Gap
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ABBV 193.40-1.48%44.8379.55 7 70 3 Uptrend Broken SupportAdd to Watch List
ABT 113.860.52%70.8677.33 7 79 2 Downtrend Broken Resist.Add to Watch List
ACN 339.84-0.62%77.1778.42 3 100 2 Add to Watch List
ADBE 563.41-1.92%62.1874.60 3 38 1 Add to Watch List
ADP 269.56-2.30%60.7577.10 3 82 5 Add to Watch List
AEE 83.160.79%73.4081.66 11 94 1 Add to Watch List
AEP 102.051.77%88.4177.38 11 108 1 09/05/24	Bearish  Deliberation
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AFL 108.89-1.33%76.9885.34 9 61 4 Add to Watch List
AGG 101.190.94%66.9880.96 3 Add to Watch List
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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.
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