SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TC2000 Users Technical Analysis Forum
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: InvestorLady who wrote (995)9/16/1998 9:28:00 PM
From: CatLady  Read Replies (1) of 3291
 
IL -

If you open up the "All Stocks" list, then sort by BOP, you'll see some other stocks that look similar to ABTX.

Since Worden keeps the BOP formula a proprietary secret, one can only guess at what's going on. Because BOP is sometimes slow to react to sudden dramatic changes in price direction, it must be "smoothed" over some length of time. (Something like a moving average) As a SWAG, maybe somewhere in the range of 10 to 15 days past still influence the reading.

I prefer to look at the relative change in BOP levels rather than absolute values. I don't really make any decisions based on BOP, but use it more as a filter to find charts I might want to look at more closely.

I've often assumed that short covering is what keeps BOP green on a falling stock.

CL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News