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
0.1
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 40 | 11.4 | 0.68% | 1.69% | 1.3% | -2.2% | -0.7% |
| SHORT | 40 | 8.7 | 0.70% | 2.00% | 1.1% | -2.0% | 4.4% |
Summary
Technical Analysis
Viva Energy Reit (VVR.AX)
Indicator:
WILLIAMS %R
Last Signal:
BULLISH
Trading: BUY @ $2.63
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.
Viva Energy Reit (ASX:VVR) 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: Viva Energy Reit (VVR.AX)
Stock Exchange: ASX
Company: Viva Energy Reit
Ticker Codes: | VVR.AX | ASX:VVR |
Viva Energy REIT was established in August 2016 as the owner of an initial portfolio of 425 service station sites located across Australia; since this time the property portfolio has increased to 437 sites via the acquisition of additional properties. Viva Energy REIT is Australia's largest listed REIT owning solely service station properties with a high quality portfolio of service stations across all Australian States and Territories.
Top 10:
Williams %R
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| EML Emerchants | 2.55 | 6.3 | 2,216,677 | 1.6 | BEARISH |
| ADH Adairs | 2.06 | 5.6 | 1,149,442 | 4.7 | BEARISH |
| MTO Moto Goldmines | 1.34 | 4.7 | 78,748 | 0 | BEARISH |
| DFM Dongfang Modern Agriculture | 0.88 | 4.1 | 241,557 | 0 | BEARISH |
| FID Fiducian | 4.95 | 3.1 | 18,343 | 5.9 | BEARISH |
| CCV Cash Converters International | 0.17 | 3 | 378,531 | 0 | BEARISH |
| AQZ Alliance Aviation Services | 2.73 | 3 | 6,299 | 6.7 | BEARISH |
| GOR Gold Road Resources | 1.1 | 2.8 | 3,737,117 | 5.4 | BEARISH |
| ALL Aristocrat Leisure | 29.17 | 2.7 | 3,523,805 | 0.7 | BEARISH |
| MCP Mcphersons | 1.33 | 2.7 | 44,614 | 0 | BEARISH |