Williams %R (WPR)
Williams %R (WPR) is a momentum oscillator that measures overbought and oversold levels. It moves between 0 and -100 and helps identify potential reversals.
Key Levels
- 0 to -20: Overbought (Potential for price drop)
- -80 to -100: Oversold (Potential for price rise)
WPR
=WPR(data, period) Example Usage
=WPR(A2:F500, 14)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
period | Number | The lookback period (e.g., 14). | Required |
Return Value
A two-column array of dates and their corresponding Williams %R values.