SPROTT PHYSICAL GOLD TRUST (PHYS) Technical Analysis
NYSEARCA:PHYS • CA85207H1047
Current stock price
PHYS Technical Rating and Analysis
Overall PHYS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, PHYS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PHYS is one of the better performing stocks in the market, outperforming 76% of all stocks. On top of that, PHYS also shows a nice and consistent pattern of rising prices.
- PHYS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PHYS is lagging the market slightly.
- In the last month PHYS has a been trading in the 32.74 - 37.06 range, which is quite wide. It is currently trading near the high of this range.
- PHYS has an average volume of 6172600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
PHYS Weekly and Daily overview Charts
PHYS Setup Rating and Analysis
Although PHYS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PHYS Support and Resistance Analysis
32.56
We found 3 important support areas.
- A support zone ranging from 34.78 to 35.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.76 to 33.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.89 to 33.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.93 to 40.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
PHYS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PHYS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHYS is up. |
| ChartMill Relative Strength | 76.08 | POSITIVE | PHYS has a high relative strength, it outperformed 76.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PHYS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PHYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.72 | NEUTRAL | The RSI value for PHYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PHYS has a positive trend. |
| Stochastics (14,3) | 89.37 | OVERBOUGHT | The high Stochastics value suggests PHYS may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for PHYS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.38 | NEGATIVE | The low ADX value for PHYS suggests a weak or negative trend. |
PHYS Chart- and CandleStick Pattern Analysis
PHYS Technicals: Chart, Performance Metrics, Trend & Indicators
36.81
+0.51 (+1.4%)
SPROTT PHYSICAL GOLD TRUST / PHYS TA FAQ
What is the ChartMill technical rating of SPROTT PHYSICAL GOLD TRUST (PHYS) stock?
ChartMill assigns a technical rating of 8 / 10 to PHYS.
What is the current trend direction of SPROTT PHYSICAL GOLD TRUST (PHYS) stock?
The current trend direction for SPROTT PHYSICAL GOLD TRUST (PHYS) is Bullish.
What is the RSI signal for SPROTT PHYSICAL GOLD TRUST (PHYS) stock?
SPROTT PHYSICAL GOLD TRUST (PHYS) has an RSI value of 54.7188. This indicates that the stock is currently neutral.
What is the short term momentum for SPROTT PHYSICAL GOLD TRUST (PHYS) stock?
The short term momentum for SPROTT PHYSICAL GOLD TRUST (PHYS) is positive.
What is the support and resistance level for PHYS stock?
SPROTT PHYSICAL GOLD TRUST (PHYS) has a support level at 35.19 and a resistance level at 40.93. Check the full technical report for our detailed analysis of PHYS support and resistance levels.