BAR CHARTHpq Silicon Resources Inc (HPQ.VN) 0.550 -0.020 (-3.51%) 07/31/20 [TSX Venture] for Fri, Jul 31st, 2020 GO TO: Barchart Opinion Overall Average: 100% BUY Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal. STRENGTH: TOP 1% DIRECTION: STRENGTHENING Barchart Opinion INDICATOR Opinion Strength & Direction Composite Indicator TrendSpotter BUY Short Term Indicators 20 Day Moving Average BUY 20 - 50 Day MACD Oscillator BUY 20 - 100 Day MACD Oscillator BUY 20 - 200 Day MACD Oscillator BUY 20 - Day Average Volume: 2,525,866 Average: 100% BUY Medium Term Indicators 50 Day Moving Average BUY 50 - 100 Day MACD Oscillator BUY 50 - 150 Day MACD Oscillator BUY 50 - 200 Day MACD Oscillator BUY 50 - Day Average Volume: 2,003,375 Average: 100% BUY Long Term Indicators 100 Day Moving Average BUY 150 Day Moving Average BUY 200 Day Moving Average BUY 100 - 200 Day MACD Oscillator BUY 100 - Day Average Volume: 1,071,451 Average: 100% BUY Looking for Barchart Legacy Opinions? Click Here. Barchart Opinions show traders what a variety of popular trading systems are suggesting in terms of going long or short the market. The Opinions takes up to 5 years' worth of historical data and runs these prices through thirteen different technical indicators. After each calculation, the program assigns a buy, sell or hold value for each study, depending on where the price lies in reference to the common interpretation of the study. Barchart Opinions are not a recommendation to buy or sell a security. Your decision whether or not to make a purchase should be based on your own due diligence and not on any representation we make to you. Snapshot Opinion Yesterday 100% BUY Last Week 100% BUY Last Month 100% BUY Snapshot Opinion is the Barchart Opinion from the prior trading session (yesterday), 1-week ago and 1-month ago. These statistics give you a sense of the Overall Opinion trend. Support & Resistance 2nd Resistance Point 0.603 1st Resistance Point 0.577 Last Price 0.550 1st Support Level 0.527 2nd Support Level 0.503 Log In Sign Up Market: HOME WATCHLIST STOCKS ETFS OPTIONS FUTURES CURRENCIES NEWS DASHBOARD TOOLS B2B SOLUTIONS CONTACT BARCHART SITE MAP BACK TO TOP TOOLS Stock Screener My Watchlist My Portfolio My Charts RESOURCES Site Map Site Education Newsletters Advertise Barchart App Business Solutions Free Market Data APIs Real-Time Futures Stocks: 15 minute delay (Cboe BZX is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT. 2020 Barchart.com, Inc. All Rights Reserved. About Barchart | Terms of Use | Privacy Policy | Do Not Sell My Personal Information Barchart Opinion Email Help Topic Barchart Opinions show traders what a variety of popular trading systems are suggesting in terms of going long or short the market. The Opinions takes up to 5 years' worth of historical data and runs these prices through thirteen different technical indicators. After each calculation, the program assigns a buy, sell or hold value for each study, depending on where the price lies in reference to the common interpretation of the study. For example, if the price is above the moving average of the security then this is generally considered an upward trend or a buy. Note: A security needs to have more than 200 active trading days in order to generate an Opinion reading; for futures, the contract must have more than 100 active trading days. Opinions are updated every 20 minutes throughout the day, using delayed data from the exchanges. The Overall Average Signal, Strength and Direction is shown at the top of the page. This represents the average of the 13 popular indicators detailed in the table below. The table groups the 13 indicators based on Short, Medium, and Long Term time frames. Indicators in the Short Term group generally are used to interpret price movement that happens over the last 20 days. Medium Term indicators interpret price movement that happens over the last 50 days. Long Term indicators interpret price movement that happens over the last 100-200 days. TrendSpotter is in its own group and represents a composite look at price movement. Calculations The Short, Medium and Long term indicators are grouped together and calculated separately for their groups. The overall indicator is a composite of all 13 studies listed on the page. A Buy is assigned 1 point A Sell is assigned -1 point A Hold is assigned 0 points The indicator value is determined by adding up the totals for the different groups and dividing this sum by the number of studies in the group. The indicator is expressed in terms of a percentage. If the total is greater than zero, then this is a "Buy". If the total is zero, then this is a "Hold". If the total is less than zero, then this is a "Sell". To keep the results in a more logical format, we factor the overall opinion by 1.04 to keep the end result in multiples of 8 percentage points, with the exception of a 100% buy or sell. This is why the opinion indicators will be displayed as 8%, 16%, ... 88%, 96% and 100%, for example, rather the exact percentage value. Support and Resistance This section shows a snapshot view of the Trader's Cheat Sheet with the Last Price, and four separate pivot points (2 Support Levels, and 2 Resistance Points). The Last Price shown is the last trade price at the time the quote page was displayed, and will not update every 10 seconds (as the Last Price at the top of the Quote page does). The Last Price will update only when the page is refreshed. Pivot points are used to identify intraday support, resistance and target levels. The pivot point and its support and resistance pairs are defined as follows, where H, L, C are the current day's high, low and close, respectively. Support and Resistance points are based on end-of-day prices and are intended for the current trading session if the market is open, or the next trading session if the market is closed. Pivot Point: (P) = (H + L + C) / 3 First Resistance Level: (R1) = (2 * P) - L First Support Level: (S1) = (2 * P) - H Second Resistance Level: (R2) = P + (R1 - S1) Second Support Level: (S2) = P - (R1 - S1) Signal Strength The signal strength is a long-term measurement of the strength of the signal compared to the strength of the signal over the past 200-trading sessions. For futures contracts, the measurement uses the past 100-trading sessions. The Overall Opinion Strength can be one of the following readings: Maximum Strong Good Average Soft Weak Minimum Maximum is the strongest this signal has been in the historical period, and minimum is the weakest the signal has been in the historical period. The stronger a signal strength, the less volatile the signal. For example, a maximum buy signal is less likely to change to a hold or a sell signal than a weak buy signal. Each of the 13 indicators also have a Strength reading, and can be one of the following: Maximum Strong Average Soft Weak A hold signal does not have any strength. Signal Direction Buy/Sell Signal Direction The signal direction is a short-term (3-day) measurement of the current movement of the signal. Direction is a short indication of how the signal is performing based on most recent available data. It compares the current divergence of the signal against the divergence of the nearest 3 trading sessions, and if the divergence is increasing this signifies a strengthening of the trend, whereas if the divergence is decreasing this signifies the trend is weakening. The buy/sell direction can be one of the following five readings: Strongest Strengthening Average Weakening Weakest A buy signal with a "strongest" direction means a buy signal which is becoming stronger. Similarly, a sell signal with a "strongest" direction is becoming stronger. The direction goes with the signal. Hold Signal Direction The signal direction of a hold signal is a short-term (3-day) measurement of where the signal is heading, be it toward a buy signal or a sell signal. The hold direction can be one of the following five readings: Bullish Rising Steady Falling Bearish A bullish hold signal indicates that the signal is heading toward a buy configuration, and a bearish hold signal indicates that the signal is heading toward a sell configuration. Barchart Opinion & Trading Performance Barchart Opinions add market-timing information by calculating and interpreting signal strength and direction. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. For example, a price above its moving average is generally considered an upward trend or a buy. Each Opinion requires six months' worth of trading activity and run the prices through 13 different technical indicators. Composite Indicators: Shows the signal for TrendSpotter, a proprietary Barchart indicator. Short Term Indicators: Shows signals for the 5 short-term indicators, with an overall short-term average signal. Also includes a 20-day Average Volume. Medium Term Indicators: Shows signals for the 4 medium-term indicators, with an overall medium-term average signal. Also includes a 50-day Average Volume. Long-Term Indicators: Shows signals for the 3 long-term indicators, with a overall long-term average signal. Also includes a 100-day Average Volume. Overall Average: Shows the overall average signal for all indicators, with Support, Resistance and Pivot Point. Snapshot Opinion This widget shows how the overall Barchart Opinion has changed over the last 3 periods (yesterday, last week and last month).