Iron Road (IRD)

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Iron Road (IRD): Signals

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TECHNICAL ANALYSIS SUMMARY

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: Iron Road (IRD.AX)


Stock Exchange: ASX
Company: Iron Road
Ticker Codes: | IRD.AX | ASX:IRD |

About Iron Road (ASX:IRD):

Iron Road Limited explores and evaluates iron ore properties in Australia. Its flagship project is the Central Eyre Iron project located on the Eyre Peninsula of South Australia. The company was incorporated in 2007 and is based in Adelaide, Australia. Iron Road Limited is a subsidiary of The Sentient Group Limited.

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Williams %R

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