SPROTT PHYSICAL SILVER TRUST (PSLV) Technical Analysis
NYSEARCA:PSLV • CA85207K1075
Current stock price
PSLV Technical Rating and Analysis
Overall PSLV gets a technical rating of 5 out of 10. PSLV was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month PSLV has a been trading in the 21.49 - 29.29 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, PSLV did better than 91% of all other stocks. We also observe that the gains produced by PSLV over the past year are nicely spread over this period.
- PSLV has an average volume of 21581300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- PSLV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSLV is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
PSLV Weekly and Daily overview Charts
PSLV Setup Rating and Analysis
PSLV has an average technical rating and the quality of the presented setup is also 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
PSLV Support and Resistance Analysis
21.36
When analyzing the support we can see 2 important areas.
- Support @22.60 from a trend line in the weekly time frame.
- A support zone ranging from 21.58 to 21.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.38 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PSLV 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 PSLV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PSLV is down. |
| ChartMill Relative Strength | 91.27 | POSITIVE | PSLV has a high relative strength, it outperformed 91.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PSLV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PSLV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.38 | NEUTRAL | The RSI value for PSLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PSLV has a positive trend. |
| Stochastics (14,3) | 44.4 | NEUTRAL | The Stochastics value for PSLV is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for PSLV suggests high volalility. |
| Average Directional Index/ADX (14) | 18.4 | NEGATIVE | The low ADX value for PSLV suggests a weak or negative trend. |
PSLV Chart- and CandleStick Pattern Analysis
PSLV Technicals: Chart, Performance Metrics, Trend & Indicators
23.56
-0.01 (-0.04%)
SPROTT PHYSICAL SILVER TRUST / PSLV TA FAQ
What is the ChartMill technical rating of SPROTT PHYSICAL SILVER TRUST (PSLV) stock?
ChartMill assigns a technical rating of 5 / 10 to PSLV.
What is the trend direction for PSLV stock?
The current trend direction for SPROTT PHYSICAL SILVER TRUST (PSLV) is Bullish.
Can you provide the RSI signal for SPROTT PHYSICAL SILVER TRUST?
SPROTT PHYSICAL SILVER TRUST (PSLV) has an RSI value of 44.382. This indicates that the stock is currently neutral.
What is the short term momentum for SPROTT PHYSICAL SILVER TRUST (PSLV) stock?
The short term momentum for SPROTT PHYSICAL SILVER TRUST (PSLV) is negative.
What are the support and resistance levels for SPROTT PHYSICAL SILVER TRUST (PSLV) stock?
SPROTT PHYSICAL SILVER TRUST (PSLV) has a support level at 22.6 and a resistance level at 24.38. Check the full technical report for our detailed analysis of PSLV support and resistance levels.