What is 'Williams %R'
Williams %R, in technical analysis, is a momentum indicator measuring overbought and oversold levels, similar to a stochastic oscillator. It was developed by Larry Williams and compares a stock's close to the highlow range over a certain period of time, usually 14 days.
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BREAKING DOWN 'Williams %R'
It is used to determine market entry and exit points. The Williams %R produces values from 0 to 100, a reading over 80 usually indicates a stock is oversold, while readings below 20 suggests a stock is overbought.
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RELATED FAQS

Why is the Williams %R oscillator important for traders and analysts?
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What is the Williams %R oscillator formula and how is it calculated?
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What are the main differences between the Williams %R & Ultimate Oscillator?
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What are the main differences between Williams %R & The Stochastic Oscillator?
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