---
title: "PercentR"
slug: "percentr"
description: "Explore the essentials of PercentR (Williams %R), a powerful technical analysis indicator, in this enlightening article on TradeMachine. Learn how PercentR helps traders identify overbought and oversold conditions in asset price charts by measuring the closing price relative to the high-low range over a specific period. This guide discusses how to integrate PercentR with other technical tools to pinpoint buying or selling opportunities, enhancing trading strategies and risk management."
tags: ["PercentR", "Williams %R", "Technical analysis software", "Technical Analysis", "Overbought", "Oversold", "Trading for Beginners", "Statistical Trading Techniques", "Risk Management", "Stochastic Oscillator", "Adaptive trading strategies", "Volatility Trading Strategies", "Successful Trading Strategies"]
updated: 2024-05-11T01:22:06Z
published: 2024-05-11T01:22:06Z
canonical: "learn.trademachine.com/percentr"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://learn.trademachine.com/llms.txt
> Use this file to discover all available pages before exploring further.

# PercentR

This article will cover PercentR, also written as "%R", "Williams %", or "Williams %R" that is a technical analysis indicator used in investing and trading to identify overbought and oversold conditions in an asset's price chart.

PercentR, also known as %R or Williams %R, is a technical analysis indicator used in investing and trading to identify overbought and oversold conditions in an asset's price chart. It was developed by Larry Williams and is similar to the Stochastic Oscillator.

The PercentR indicator is based on the idea that an asset's price tends to close near its high during an uptrend, and near its low during a downtrend. The indicator measures the level of the asset's closing price relative to the range of its high and low prices over a specified time period, typically 14 days.

The PercentR indicator is plotted on a scale from 0 to -100. Readings above -20 are considered overbought, indicating that the asset's price may be due for a reversal or consolidation. Readings below -80 are considered oversold, indicating that the asset's price may be due for a rebound or recovery.

Traders use the PercentR indicator in conjunction with other technical analysis tools to confirm potential buying or selling opportunities. For example, if an asset's price is in an uptrend and the PercentR indicator shows an overbought reading, it may be a signal to sell or take profits. Conversely, if an asset's price is in a downtrend and the PercentR indicator shows an oversold reading, it may be a signal to buy or enter a long position.

In summary, PercentR is a technical analysis indicator used in investing and trading to identify overbought and oversold conditions in an asset's price chart. It measures the level of the asset's closing price relative to the range of its high and low prices over a specified time period, and is plotted on a scale from 0 to -100. Traders use PercentR in conjunction with other technical analysis tools to identify potential buying or selling opportunities and manage risk.