SPROTT PHYSICAL SILVER TRUST (PSLV) Stock Technical Analysis
NYSEARCA:PSLV - NYSE Arca - CA85207K1075 - Currency: USD
We assign a technical rating of 9 out of 10 to PSLV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PSLV is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PSLV is one of the better performing stocks in the market, outperforming 74% of all stocks.
PSLV 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 PSLV is lagging the market slightly.
PSLV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PSLV has an average volume of 32922400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PSLV has an excellent technical rating, but the quality of the setup is only medium 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
9.63
12.65
4 important support areas can be observed.
- Support @11.72 from a trend line in the daily time frame.
- A support zone ranging from 10.67 to 10.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.13 to 10.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @12.52 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The short term trend for PSLV is up. |
| ChartMill Relative Strength | 74.94 | POSITIVE | PSLV has a high relative strength, it outperformed 74.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSLV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSLV is above the rising 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) | 56.15 | NEUTRAL | The RSI value for PSLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PSLV has a negative trend. |
| Stochastics (14,3) | 60.61 | NEUTRAL | The Stochastics value for PSLV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for PSLV suggests low volalility. |
| Average Directional Index/ADX (14) | 32.2 | POSITIVE | The high ADX value value for PSLV suggests a strong 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)
12.15
-0.3 (-2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.41%
1 Week0.16%
2 Weeks-0.41%
1 Month8.19%
3 Month4.92%
6 Month23.85%
12 Month22.36%
2 Year55.97%
3 Year76.09%
5 Year83.81%
10 Year96.92%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.92%
ATR Inc7.33%
Range Today0.16
ADR(20)0.17
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.94
Mansfield0.66
10 Day High12.58
10 Day Low11.91
20 Day High12.58
20 Day Low11.03
52 Week High12.58
52 Week Low9.12
CS1 End11.72
CR1 Start12.52
Volume & EV
DER(3)18.87%
DER(5)16.22%
Volume28.44M
Volume Incr-29.39%
Vol(5)22.95M
Vol(50)32.92M