Registered User Joined: 2/5/2008 Posts: 18
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Hi. Occasionally I'll see a stock with a high BOP (50+) for several days (6+) yet when I look at the weekly chart the BOP is -100. Example today is HWG. The daily BOP is 100,100,100, 34, 94, 99 (today) but the weekly is -100. Even the 2-day and 3-day charts show high BOP. Can you explain this? Thanks!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please review the following topics:
BOP values between Daily and Weekly charts
Discrepancy between representation of BOP in weekly and daily charts.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/5/2008 Posts: 18
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I see what you are saying but it seems strange that the numbers are so drastically opposite? It almost makes it impossible to use/trust. Weekly negative (-100) and multiple high up days. A stock like AFFY will drive you crazy looking at BOP from 1 day to a 9 day chart.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The best advice I can give is that if you find the interpretation of an indicator for a symbol ambiguous, move on until you find a symbol where the signals make more sense to you.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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