Williams R



Williams %R Interpretation:

Williams %R is an overbought/oversold indicator. Values -80 and -20 can be used as limits to detect overbought or oversold situations. Nevertheless, it is better to wait for a change in the price direction, which can be detected for instance through MACD indicator analysis, before buying or selling. Note that when %R makes a peak and reverses, a price decline often takes place.

Williams %R Calculation:

The parameter is the number of days used in the calculation of %R. ((high on n period-today's close)/(high on n period-low on n period))*(-100)




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