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 and comes 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.

Although the S&P 500 has started 2016 on shaky ground, here are three Parabolic SAR buy signals happening this week.

Public Storage

After a very brief pullback, Parabolic SAR is indicating…

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