Williams %R
The Williams %R is a momentum indicator that compares a stock’s current price to its Highest High and Lowest Low price over a specified period of time (typically 14 days). It is calculated using the following formula:
Williams %R = (Period Highest High - Current Price) / (Period Highest High - Period Lowest Low) x -100
Larry Williams - who first developed this indicator - considered values below -80 as oversold and above -20 as overbought.
![f025f989db0fb2176944007175aa241b04da62c41579013267.png](https://images.stockopedia.com/node/f025f989db0fb2176944007175aa241b04da62c41579013267.png)