3 Parabolic SAR Buy Signals In A Weak Market

One of the more unique technical analysis metrics used to determine buy and sell signals is Parabolic SAR. Developed by Welles Wilder in 1978, the “SAR” stands for “stop and reverse.”
 

The calculation of SAR is relatively complex with a number of contingencies. However, the basic idea is that a buy signal is generated when the Parabolic SAR dot shifts from above the share price to below the share price, and a sell signal occurs when the Parabolic SAR shifts from below the share price to above it.
 

Related Link: Gabelli & Co's Top Technology, Media And Telecom Stocks For 2016