April 18, 2024

Williams Percent Range (R% or WPR)

long

The Williams Percent Range (WPR) is a technical indicator that measures the level of an asset’s price relative to the upper and lower limits of its price range over a recent time period. It helps traders and investors to identify overbought and oversold conditions. WPR is calculated as the difference between the current closing price and the lowest price in the period, divided by the absolute value of the difference between the highest and lowest prices in the period, multiplied by 100. The WPR may be used to generate buy and sell signals based on overbought or oversold conditions, or to identify potential support and resistance levels.

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