Profile: Silver Wheaton Corp., together with its subsidiaries, operates as silver and gold streaming company worldwide. The company has 20 long-term purchase agreements associated with silver and gold relating to 23 mining assets. Its principal portfolio includes silver and precious metal streams on the Barrick’s Pascua-Lama project, Hudbay’s Constancia project, and Vale’s Salobo and Sudbury mines. The company was founded in Y 2004 and is HQ'd in Vancouver, Canada.
Headlines: These 4 Miners Can Still Thrive With Gold At $1,200
There was an important development Friday. Silver Wheaton options contracts experienced a low Put/Call Ratio PCR. The combined volume of Cut contracts Vs Call contracts equated to 0.22 PCR where 5,436 Put and 25,228 Call contracts were traded.
A significant increase in the trading volume of a stock's option often is a signal of coming movement by the underlying stock. As such, PCR can be used as a sentiment indicator, where a high PCR implies that the overall investor sentiment is Bearish and a low PCR implies that the sentiment is Bullish.
SLW is trading below its 20, 50 and 200-Day MAs.
Shares of Silver Wheaton closed at 19.67, + 1.37 (+7.49%) Friday.
Friday's trading range was: 18.16-19.85
The 52 wk trading ranges is: 17.75-41-30
Friday's volume: 8.8-M/shrs is greater than the average 3 month volume of 5.97-M/shrs.
DiviYield: 0.48 (2.62%)
Week Month Quarter Half Year Year
-9.32% -21.79% -41.33% -46.48% -29.48%
Next earnings date: 3 July 2013
Analysts Recommendation: Buy
1 yr price target estimate: 37.17
Red's Analysis for SLW: Overall Short Intermediate Long
Bearish (-0.26) Neutral (-0.24) Bearish (-0.33) Neutral (-0.21)
Recent CandleStick Analysis Neutral
25 Jun 2013 Homing Pigeon
down 26 Jun 2013 19.06 to 18.79
Support and Resistance
Type Value Conf.
resist. 36.84 10
resist. 35.02 2
resist. 34.05 2
resist. 31.80 2
resist. 30.28 8
resist. 27.53 3
resist. 25.86 2
resist. 24.11 16
resist. 22.07 3
resist. 21.34 4
supp 19.04 5
Ind. Short Inter Long
EMA VBe VBe VBe
MACD VBu Be VBu
Fibs Be VBe VBe
Highs VBe VBe VBu
Lows VBe N N
Trends N N VBe
VBu=Very Bullish, Bu=Bullish
Be=Bearish, VBe=Very Bearish
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