Glossary · Pro tools

Williams %R

Like the stochastic, drawn upside down: 0 is the top of the recent range and −100 the bottom.

Why it matters

Larry Williams built it to spot when a stock closes near the extreme of its recent range.

How to read it

Above −20 is overbought, below −80 oversold.

Also called: %R

Related

Stochastic oscillatorWhere today’s close sits within the last 14 days’ high to low range, from 0 to 100.RSI (Relative Strength Index)A 0 to 100 gauge of how hard a stock has been bought or sold over the last 14 days.

In the Cluenex app, this explanation opens next to every williams %r figure, with the live reading for the stock you are looking at. Open it in Cluenex