Williams Percent Range (14) measures overbought/oversold levels on an inverted scale from -100 to 0. Values near 0 indicate overbought conditions, values near -100 indicate oversold.
Parameters (14)
Overbought: -20 to 0 — price near recent high
Oversold: -100 to -80 — price near recent low
Interpretation
Overbought: W%R near 0 — potential reversal down
Oversold: W%R near -100 — potential reversal up
Scale is inverted: 0 = highest, -100 = lowest
Data refreshes periodically — not real-time
Trading Signals
Sell: W%R crosses above -20
Buy: W%R crosses below -80
Best in ranging markets, not strong trends
Price Overlay
Close Price: Daily closing price (right Y-axis)
W%R near 0 + price stalling = overbought confirmation
W%R near -100 + price stabilizing = oversold bounce