Pivot Points in Focus: Sealand Natural Resources Inc (SLNR) – Nelson Research

One of the technical analysis indicators used to glean the overall trend of the market over differing time periods are pivot points. The pivot point itself is where the average of the high, low and closing prices from the previous days trading intersect. On the following day, trades above the pivot point indicate an ongoing bullish trend, while any trading below the pivot point means a bearish trend. Pivot point analysis can be used alongside finding support and resistance levels, like trend line analysis. In pivot point analysis, the first support and resistance levels are found by using the width of the trading space between the pivot point and either the high or low prices of the previous trading day. Secondary support and resistance levels are found using the full space between the high and low prices of the previous trading day.Pivot points are oft-used indicators for trading futures, commodities, and stocks. They are static, remaining at the same price level throughout the day. Five pivot point levels are generated by using data from the previous days trading range.

These are composed of a pivot point and two higher pivot point resistances called R1 and R2 and also two lower pivot point supports called as S1 and S2. Sealand Natural Resources Inc (SLNR)s Pivot Point is 0.3. Its 1st Resistance Point is 0.3 and its 2nd Resistance Point is 0.3. The 1st Support Point is 0.3 while its 2nd Support Point is 0.3.

Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study. Todays opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Sealand Natural Resources Inc (SLNR) is 8% Buy.

Sealand Natural Resources Inc (SLNR)s Raw Stochastic, which shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days is 0.00%. Their Stochastic %K, which indicates (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied is 26.67%. Finally, their Stochastic %D, the indicator that shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied, is 26.67%.

Known also as statistical volatility, Historical Volatility is the realized volatility of a financial instrument over a specified period of time. The measure is calculated by finding the average deviation from the average price of a commodity during a specified time period.

Standard deviation is the most common, though not only, way to calculate historical volatility. Sealand Natural Resources Inc (SLNR)s 9-Day Historical Volatility is 625.77%, its 14-Day Historical Volatility is 632.78%, and looking back further, its 20-Day Historical Volatility is 662.51%.

Sealand Natural Resources Inc (SLNR)s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Hold.

Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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Pivot Points in Focus: Sealand Natural Resources Inc (SLNR) - Nelson Research

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