Options Trading Alert: Silver Wheaton NYSE:SLW

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.

Website: http://www.silverwheaton.com

Headlines: These 4 Miners Can Still Thrive With Gold At $1,200

http://www.fool.com/investing/general/2013/06/29/these-4-miners-can-still-thrive-with-gold-at-1200.aspx

Trading Alert

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.

PE: 11.37

EPS: 1.61

RSI: 38

DiviYield: 0.48 (2.62%)

Performance Metrics
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
Date Candle
25 Jun 2013 Homing Pigeon

Open Gaps
Direction
Date range
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

Technical Indicators
Ind. Short Inter Long
EMA VBe VBe VBe
MACD VBu Be VBu
RSI Be
TDD Bu
Fibs Be VBe VBe
Highs VBe VBe VBu
Lows VBe N N
Trends N N VBe
Stoch. VBe
VBu=Very Bullish, Bu=Bullish
N=Neutral
Be=Bearish, VBe=Very Bearish

candle.pl

zp8497586rq

DO NOT TRADE ANY STOCK WITHOUT LEVEL 2 STOCK QUOTES! QuoteDaddy.com delivers it's user with the most in-depth Level 2 Quotation System available on the Planet! NO Downloads, NO Widgets, NO Plugins required! Stay on TOP of your trades with QuoteDaddy.com! CLICK HERE TO START YOUR FREE 30-DAY TRIAL

This entry was posted in Basic Materials, Latest Picks and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.