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Silver Wheaton (SLW) - Barchart Chart of the Day

|Includes: Wheaton Precious Metals Corp (WPM)
Barchart.coms Chart of the Day - Silver Wheaton (SLW)
Barchart Research Team - - Mon Aug 22, 6:14PM CDT
Related Stocks
SLW - Silver Wheaton Corp
Sym Last Chg Pct
SLW 40.25 +1.81 +4.71%

The "Chart of the Day" is Silver Wheaton (SLW), which showed up on Monday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Silver Wheaton on Monday rallied by 4.71% and posted a new 4-month high. In recent news on the stock, TD Newcrest on July 26 upgraded Silver Wheaton to Buy from Hold and raised its target to $46 from $44 due to an increased silver forecast for 2011-12. Silver Wheaton on Aug 8 reported Q2 EPS of 42 cents versus the consensus of 46 cents. Silver Wheaton, with a market cap of $13 billion, is a pure-play silver mining company based in Vancouver, Canada.


How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

Barchart's Opinion trading systems are mostly a "Buy" and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 33% Sell
  • Overall Average 88% Buy

Barchart links for further information:

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Company Info
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Key Statistics
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual

Chart of the Day Archive
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