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% |
Trading Performance
Williams %R
Score
-0.35
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 37 | 10.4 | 0.73% | 2.70% | 1.7% | -3.8% | 8.1% |
| SHORT | 37 | 11.2 | 0.49% | 0.95% | 2.4% | -3.6% | -26.5% |
Summary
Technical Analysis
REA Group (REA.AX)
Indicator:
WILLIAMS %R
Last Signal:
BULLISH
Trading: BUY @ $96.64
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.
REA Group (ASX:REA) is currently Oversold highlighting the potential for a short term trend reversal in the upward 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: REA Group (REA.AX)
Stock Exchange: ASX
Company: REA Group
Ticker Codes: | REA.AX | ASX:REA |
REA Group Limited provides advertising services to the real estate industry in Australia and Asia. It advertises property and property-related services on Websites and mobile apps. The company operates Australian residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, and Flatmates.com.au; Chinese property site myfun.com; and various property portals in Asia. It also provides advertising services to the real estate industry. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited is a subsidiary of News Limited.
Top 10:
Williams %R
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| NST Northern Star Resources | 11.69 | 9.3 | 7,110,929 | 0 | BEARISH |
| APD Apn Property | 0.51 | 8.6 | 192,400 | 0 | BEARISH |
| AGG Anglogold Ashanti | 4.87 | 8 | 18,113 | 2.8 | BEARISH |
| EVN Evolution Mining | 4.39 | 7.1 | 18,630,358 | 6.9 | BEARISH |
| SLR Silver Lake Resources | 1.13 | 6.6 | 8,288,727 | 0 | BEARISH |
| OGC Oceanagold Corporation | 4.56 | 5.6 | 704,484 | 1.4 | BEARISH |
| ALU Altium | 35.13 | 5.6 | 741,118 | 1.8 | BEARISH |
| PME Pro Medicus | 26.5 | 4.6 | 438,146 | 3.3 | BEARISH |
| SYD Sydney Airport | 8.27 | 4.4 | 8,902,707 | 0 | BEARISH |
| CEN Central Australian Phosphate | 7.54 | 4.4 | 88,783 | 0 | BEARISH |