The Greedy Trader Weekly Analysis
Sign In Apr 26, 2024
Skip Navigation Links
TA Search
Share
Daily W%R:< 20
Number of records: 4
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• 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 Search

Archive
- 4/19/2024 -
Sign In to see current Signals.

Chubb Corp (CB) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWeekly  MACD line has moved below its signal line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageStochastic signal line moved above oversold areaThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the Chubb Corp (CB). During the week, the CB gained 4.40 points, or 1.79%, and closed at 250.21 on Friday, April 19, 2024. CB was trading at average weekly trading volume.

CB is a member of Financials Sector. Financials 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 CB long-term trend chart]
A long-term uptrend had started on October 8, 2008 at 33.47 and reached 260.58 on March 13, 2024. CB gained -227.11 points, or -678.55%, in 805 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 192.87 and resistance is at 266.69. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See CB medium-term trend chart]
A medium-term uptrend had started on March 24, 2023 at 183.40 and reached 260.58 on March 13, 2024. CB gained -77.18 points, or -42.08%, in 50 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 184.66 and resistance is at 266.89. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See CB weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See CB short-term trend chart]
A short-term uptrend had started on April 17, 2024 at 241.38 and reached 250.63 on April 19, 2024. CB gained -9.25 points, or -3.83%, in 2 days. Price is near the trend high.

Daily Technical Indicators: [See CB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 daily MACD line is below its signal line since March 20, 2024.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 36.44
Williams' Percentage Range (W%R) 69.50
Lane's Stochastic (%D-Slow) 27.02
Greed/Fear Indicator (GFI) 31.33
Moving Average Converg./Diverg. (MACD) -1.35
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.36
Williams' Percentage Range (W%R) 31.00
Lane's Stochastic (%D-Slow) 58.64
Greed/Fear Indicator (GFI) 60.76
Moving Average Converg./Diverg. (MACD) 10.73
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 266.89
Yearly Trendline Resistance 266.69
Upper Bollinger Band 260.13
50 Day Moving Average 252.13
20 Day Moving Average 251.34
Weekly Stochastic Crossing 251.09
Price 250.21
Daily Stochastic Crossing 244.40
Parabolic System 241.14
Lower Bollinger Band 239.49
Sector and Industry
Description Name Rank
Sector Financials 9
Industry Property & Casualty Insurance 103
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 241.38
Low Date 04/17/2024
High 250.63
High Date 04/19/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 259.92
High Date 03/28/2024
Low 241.38
Low Date 04/17/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 260.58
High Date 03/13/2024
Low 241.38
Low Date 04/17/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 266.89
Support 184.66
Low 183.40
Low Date 03/24/2023
High 260.58
High Date 03/13/2024
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 266.69
Support 192.87
Low 33.47
Low Date 10/08/2008
High 260.58
High Date 03/13/2024
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.