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Widner Band (Upper) Indicator

These projection bands were developed by Mel Widner, Ph.D.  They were originally introduced in the July 1995 issue of Technical Analysis of Stocks and Commodities magazine.  This band set is used as most others (i.e. Bollinger bands) whereby the plotted prices give a clue as to whether the current price is relatively low or high.  Prices plotted at the lower end of the band or prices that penetrate the lower band may indicate overly pessimistic prices and a correction or reversion to mean may be in order.  The inverse is true if prices are plotted on the upper end of the band.

See Also

Widner Band (Upper) Developer Help

Widner Band (Lower)

Widner Oscillator