Williams% R
o Williams% R is a momentum indicator measuring overbought and oversold levels
o Similar to the stochastic oscillator. compares the stock near the high-low range for a specified period of time
o are used to determine market entry and exit points
Fr. Williams% R produces values from 0 to -100
o reading above 80 usually indicates a stock is oversold
A reading below 20 suggests a stock is overbought.
Thursday, May 26, 2011
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