Trading indicator
Williams %RBacktest results
| Position | Trades | Duration | Win rate | Win/loss | Avg win | Avg loss | Return |
| Long | 10 | 4.5 | 20% | 25% | 1.6% | -0.8% | -3.4% |
|---|---|---|---|---|---|---|---|
| Short | 5 | 4.2 | 40% | 67% | 1.9% | -3.2% | -5.9% |
Company
Indicator
| Code | Company | Date | Close | Change | Indicator | Value | Signal |
|---|
Trading Performance
Williams %R
Score
0.85
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 21 | 18.2 | 0.67% | 2.00% | 2.5% | -4.3% | 4.5% |
| SHORT | 21 | 18.1 | 0.76% | 3.20% | 2.9% | -4.4% | 24.2% |
Summary
Technical Analysis
AGL Energy (AGL.AX)
Indicator:
WILLIAMS %R
Last Signal:
BEARISH
Trading: SELL @ $18.92
Signal Strength: STRONG
Recommendation:
Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.
AGL Energy (ASX:AGL) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.
Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;
PROFILE: AGL Energy (AGL.AX)
Stock Exchange: ASX
Company: AGL Energy
Ticker Codes: | AGL.AX | ASX:AGL |
AGL Energy Limited, an integrated energy company, provides electricity, gas, and related products and services to consumer, business, and wholesale customers in Australia. The company conducts its operations through Energy Markets, Group Operations, and Investments segments. It generates electricity through thermal, natural gas and storage, hydro, and wind power generation plants. The company operates electricity generation portfolio of 10,246 megawatts. It also operates the Newcastle Gas Storage Facility in New South Wales; the Silver Springs underground gas storage facility in Queensland; and natural gas production assets at Camden in New South Wales. As of September 11, 2017, it served approximately 3.6 million customer accounts. AGL Energy Limited was founded in 1837 and is based in Sydney, Australia.
Top 10:
Williams %R
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| BRN Brainchip Holdings | 0.05 | 4.5 | 1,890,659 | 81.3 | BULLISH |
| KAR Karoon Gas Australia | 1.32 | 4 | 1,321,398 | 87.9 | BULLISH |
| WOR Worleyparsons | 13.78 | 3.9 | 1,333,450 | 80.8 | BULLISH |
| MYX Myx | 0.46 | 3.4 | 5,097,440 | 83.3 | BULLISH |
| RFG Retail Food | 0.18 | 2.9 | 198,300 | 90 | BULLISH |
| AQZ Alliance Aviation Services | 2.54 | 2.8 | 190,563 | 83.3 | BULLISH |
| CIA Champion Iron | 2.31 | 2.7 | 257,632 | 91.1 | BULLISH |
| NEC Nine Entertainment | 1.76 | 2.3 | 7,266,567 | 84.9 | BULLISH |
| SOL Washington H Soul Pattison & Co | 20.18 | 2.2 | 206,833 | 85 | BULLISH |
| ABC Adelaide Brighton | 3.21 | 2.2 | 2,009,077 | 88.3 | BULLISH |