Sprott Physical Silver Trust [NYSE: PSLV] slipped around -0.32 points on Tuesday, while shares priced at $8.89 at the close of the session, down -3.47%.
Compared to the average trading volume of 3.54M shares, PSLV reached a trading volume of 4896986 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has PSLV stock performed recently?
Sprott Physical Silver Trust [PSLV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.68. With this latest performance, PSLV shares gained by 6.47% in over the last four-week period, additionally plugging by 13.83% over the last 6 months – not to mention a rise of 3.86% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PSLV stock in for the last two-week period is set at 45.53, with the RSI for the last a single of trading hit 36.22, and the three-weeks RSI is set at 50.35 for Sprott Physical Silver Trust [PSLV]. The present Moving Average for the last 50 days of trading for this stock 8.56, while it was recorded at 9.17 for the last single week of trading, and 8.07 for the last 200 days.
Insider trade positions for Sprott Physical Silver Trust [PSLV]
The top three institutional holders of PSLV stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in PSLV stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in PSLV stock with ownership which is approximately 5.8386%.
