Fast Overbought/Oversold
Williams %R is similar to Stochastic but inverted. It shows overbought and oversold conditions on a scale from 0 to -100.
Reading Williams %R
Above -20: Overbought
Below -80: Oversold
Williams %R is more sensitive than RSI, giving earlier signals but also more false signals.
Below -80: Oversold
Williams %R is more sensitive than RSI, giving earlier signals but also more false signals.