On the 14^th of November 2014 I Know First algorithm released a bullish signal on its 1 month forecast for SLW. At the same time the price moved above the 5 day simple moving average of the stock’s price, which is a strong position to buy a stock at. Below is the original forecast, and the resulting trade which made 13.68% in just 5 Days.

Key Numbers and Dates

Buy Recommendation

You would buy the stock on Nov, 14^th 2014 according to the I Know  First signal you received that morning of 105.57 and the fact that the stock closed above the 5 day simple moving average on the 14^th of November. You would buy the stock at the market opening price of $18.78.

Customized Forecast Sell Recommendation – 13.68% In 5 Days

According to the algorithm you would sell the stock on the 19^th of November at the market opening price of $21.35 based on the weak signal (below 10) you received before the market opened of  -105.53. Your return of the trade would be 13.68%.

Market Sell Recommendation – 12.25% In 10 Days.

According to the 5 day simple moving average (SMA) you would sell the stock on Nov 24^th post market when the price closed below the 5 day SMA at the price of $21.08. The Total return without an algorithmic exit would be 12.25%.

Where could I have found this forecast?

SLW belongs to our “Top x Stock Picks + S&P500” universe.  On Nov 14^th, 2014 the stock’s position on the 1 Month table was 4, making available to “Top 5” and above subscribers.

What is SLW?

SLW is the stock ticker for Silver Wheaton Corp., a Canada-based mining company which generates its revenue primarily from the sale of silver and gold. The company’s growth is driven by a portfolio of world-class assets, including precious metal and gold streams on Hudbay’s Constancia project and Vale’s Salobo and Sudbury mines. Below is the trade we forecast in relation to the last year.