Trading indicator
Williams %RTrade setup
| Position | Order | Entry | Exit | Stop Loss | Risk | Return | Expectancy |
| Long | 10 | 4.5 | 20% | 25% | 1.6% | -0.8% | -3.4% |
|---|---|---|---|---|---|---|---|
| Short | 5 | 4.2 | 40% | 67% | 1.9% | -3.2% | -5.9% |
Backtest 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
-0.6
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 38 | 10.9 | 0.68% | 2.17% | 1.6% | -3.3% | 3.1% |
| SHORT | 37 | 10.4 | 0.62% | 1.53% | 1.0% | -2.9% | -20.1% |
Summary
Technical Analysis
Viva Energy Reit (VVR.AX)
Indicator:
WILLIAMS %R
Last Signal:
BEARISH
Trading: SELL @ $2.66
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 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: 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 |
|---|---|---|---|---|---|
| LNG Liquefied Natural Gas | 0.24 | 9.3 | 1,640,528 | 26.8 | BULLISH CROSSUNDER |
| NWS News Corporation | 19.56 | 2 | 123,978 | 31.8 | BULLISH CROSSUNDER |
| QAN Qantas Airways | 6.94 | 1.6 | 17,076,958 | 20.7 | BULLISH CROSSUNDER |
| CBA Commonwealth Bank | 80.83 | 1 | 3,219,212 | 85.2 | BULLISH CROSSUNDER |
| GDF Garda Diversified Property Fund | 1.45 | 1 | 118,503 | 37.5 | BULLISH CROSSUNDER |
| IPH Ipoh | 8.05 | 0.5 | 436,072 | 70.6 | BULLISH CROSSUNDER |
| MCY Mighty River Power | 4.6 | 0.4 | 5,611 | 76.5 | BULLISH CROSSUNDER |
| CIN Carlton Investments | 31.9 | 0 | 382 | 36.5 | BULLISH CROSSUNDER |
| CLQ Clean Teq Holdings | 0.25 | 0 | 337,312 | 28.6 | BULLISH CROSSUNDER |
| BXB Brambles | 12.09 | 0 | 3,535,490 | 28.3 | BULLISH CROSSUNDER |