The Greedy Trader Weekly Analysis
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Daily W%R:< 30
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- 6/6/2025 -
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PriceChg%DailyWklyDailyWklyDailyWklyMtlyQtlyYrlySectorIndustrySignalsRanksticksList
^DJI 42762.871.17%72.0369.89 3 Add to Watch List
^GSPC 6000.361.50%78.1778.17 1 Downtrend ResistanceAdd to Watch List
^IXIC 19529.952.18%79.6679.18 1 Downtrend ResistanceAdd to Watch List
A 115.803.47%68.4046.02 3 46 06/05/25	Bearish  Dark Cloud Cover
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AAP 52.509.53%87.2772.11 5 103 1 Downtrend Broken Resist.Add to Watch List
ABBV 189.832.00%74.0343.84 3 24 2 Downtrend Broken Resist.Add to Watch List
ABT 133.580.0062.8267.86 3 46 Add to Watch List
ADBE 416.920.44%67.0262.08 10 105 06/05/25	Bearish  Deliberation
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ADP 326.810.39%83.1682.81 10 88 1 Uptrend ExhaustionAdd to Watch List
ADSK 297.860.59%58.4477.80 10 105 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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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.