WILLR

Williams' %R

WILLR is a momentum indicator that measures overbought/oversold levels.

INTERPRETATION:

  • Readings between -80 to -100 indicate that the security is oversold.
  • Readings between 0 to -20 indicate that the security is overbought.
When overbought or oversold conditions are identified then wait for the price to reverse direction before initiating any trade.

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