What is Williams%R?

6 Views
Harvey Brown
Answered 3 years, 1 month ago
<p>Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and is used in the same way. It was developed by Larry Williams and it compares a stock’s closing price to the high-low range over a specific period, typically 14 days or periods.</p>
5 Views
Christopher Campbell
Answered 3 years, 1 month ago
<p id="isPasted">Williams' %R is an indicator which is similar to the Stochastic Oscillator. The formula used to calculate it is :?<img data-fr-image-pasted="true" src="data:image/png;base64,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" style="width: 300px;" class="fr-fic fr-dib fr-draggable">It is also common to multiply the above formula by -1, which is an exact inverse. Both are acceptable calculations for this indicator.</p>
4 Views
Albert Buchholtz
Answered 3 years, 1 month ago
<p>Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Readings from 0 to -20 are considered overbought. Readings from -80 to -100 are considered oversold. Williams %R reflects the level of the close relative to the highest high for the look-back period. This is a bound oscillator and oscillates from 0 to -100. As a result, the Fast Stochastic Oscillator and Williams %R produce the exact same lines, only the scaling is different. Williams %R corrects for the inversion by multiplying the raw value by -100.</p>
3 Views
Richard Cross
Answered 3 years, 1 month ago
<p><br>The Williams %R, or just %R for short, is an indicator that oscillates between 0 and -100, providing insight into the weakness or the strength of a stock. It's used in various capacities including identifying overbought/oversold levels, momentum confirmations as well as finding trade signals. It compares a stock's closing price to the high-low range over a specific period, typically 14 days or periods. Williams %R oscillates from 0 to-100; readings from 0 to -20 are considered overbought, while readings from -80 to -100 are considered oversold.</p>