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ACC 1610.75 (0.21%) Link
Symbol     LTP Chng%
ALLCARGO 195.65   + 8.91
TVSSRICHAK 4178.95   + 7.29
MCLEODRUSS 192.15   + 6.45
NIITTECH 463.55   + 6.21
CUMMINSIND 1023.50   + 5.65
Symbol     LTP Chng%
SHILPI 165.90    -19.99
ZENSARTECH 832.85    -9.36
ADANIENT 139.95    -6.67
ICICIPRULI 397.75    -5.28
GSPL 189.15    -3.79
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Williams %R (WR%)

Introduction

Williams %R is a momentum indicator measuring overbought and oversold levels, similarto a stochastic oscillator. It compares a stock's close to the high-low range over a certain period of time, usually 14 days. It was developed by Larry Williams.

WR is used to determine market entry and exit points. WR produce values from 0 to -100.Value over 80 usually indicates a stock is oversold, while value below 20 suggests a stock is overbought.

Williams %R Calculation

As with other oscillators, a period of time, usually representing a set number of days of data up to "now" or "today" is used. Typically a 10 or 14 day period of data is used but some traders may use as low as 5 days or as high as 21 day worth of data in the period under consideration in the calculations.

Formula

Williams %R = (Highest high - Current close) ÷ (Highest high - Lowest low) * - 100

Advantage

Williams %R is a momentum oscillator that measures the level of the close relative to the high-low range over a given period of time. Like all technical indicators, it is important to use the Williams %R in conjunction with other technical analysis tools. Volume, chart patterns and breakouts can be used to confirm or refute signals produced by Williams %R.

Sample Calculation

Technical chart for WR%

Technical Indicators

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