what is williams r 
williams r also known as the williams percent range is a type of momentum indicator that moves between 0 and 100 and measures overbought and oversold levels the williams r may be used to find entry and exit points in the market the indicator is very similar to the stochastic oscillator and is used in the same way it was developed by larry williams and it compares a stock s closing price to the high low range over a specific period typically 14 days or periods 1 image by sabrina jiang investopedia 2021the formula for the williams r is wiliams r highest high close highest high lowest low where highest high highest price in the lookback period typically 14 days close most recent closing price lowest low lowest price in the lookback begin aligned text wiliams r frac text highest high text close text highest high text lowest low textbf where text highest high text highest price in the lookback text period typically 14 days text close text most recent closing price text lowest low text lowest price in the lookback text period typically 14 days end aligned wiliams r highest high lowest lowhighest high close wherehighest high highest price in the lookbackperiod typically 14 days close most recent closing price lowest low lowest price in the lookback 