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Question about RSI versus Williams%R

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singaporegal
    08-Jul-2007 15:25  
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The formula for both is different but the purpose is the same.

I find that the W%R indicator is more sensitive to price changes but of course, there is more noise. 
 
 
hlayar
    08-Jul-2007 15:07  
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Both measure 'overbought/oversell' situation. Anybody knows the working of it? Sometimes a stock is overbought under RSI but not Williams.
 
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