SPROTT PHYSICAL GOLD TRUST (PHYS) Stock Technical Analysis
NYSEARCA:PHYS - NYSE Arca - CA85207H1047 - Currency: USD
We assign a technical rating of 10 out of 10 to PHYS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PHYS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PHYS did better than 89% of all other stocks. On top of that, PHYS also shows a nice and consistent pattern of rising prices.
PHYS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PHYS is leading the market.
In the last month PHYS has a been trading in the 24.64 - 26.42 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
PHYS has an average volume of 5312970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
22.75
26.55
We found 3 important support areas.
- A support zone ranging from 24.75 to 25.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.18 to 24.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.98 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.20 to 26.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 89.18 | POSITIVE | PHYS has a high relative strength, it outperformed 89.18% 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) | UP | POSITIVE | The current price of PHYS is above the rising 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) | 57.66 | NEUTRAL | The RSI value for PHYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PHYS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.36 | NEUTRAL | The Stochastics value for PHYS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for PHYS suggests low volalility. |
| Average Directional Index/ADX (14) | 14.45 | NEGATIVE | The low ADX value for PHYS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.30 | 25.24 | 1.06 (4.02%) | 24.88% |
| An entry @26.30. This is a Buy Stop order right above the resistance zone. | An exit @25.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.06 points, which is 4.02%. | When investing 24.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.97
+0.06 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week2.37%
2 Weeks1.48%
1 Month5.53%
3 Month11.17%
6 Month28.5%
12 Month44.12%
2 Year74.06%
3 Year83.15%
5 Year81.48%
10 Year168.84%
15 Year121.21%
Volatility
ATR(14)0.34
ATR(20)%1.4%
ATR Inc-13.08%
Range Today0.23
ADR(20)0.25
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.18
Mansfield1.51
10 Day High26.42
10 Day Low25.25
20 Day High26.42
20 Day Low24.64
52 Week High26.42
52 Week Low17.84
CS1 End25.7
CR1 Start26.2
Volume & EV
DER(3)0.23%
DER(5)1.6%
Volume2.82M
Volume Incr6.68%
Vol(5)3.30M
Vol(50)5.31M