Sprott Physical Silver Trust [AMEX: PSLV] loss -1.45% or -0.15 points to close at $10.23 with a heavy trading volume of 13790061 shares.
The daily chart for PSLV points out that the company has recorded 2.71% gains over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 8.18M shares, PSLV reached to a volume of 13790061 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for PSLV stock
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 -1.73. With this latest performance, PSLV shares gained by 0.39% in over the last four-week period, additionally plugging by 2.71% over the last 6 months – not to mention a rise of 26.30% 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 42.87, with the RSI for the last a single of trading hit 39.69, and the three-weeks RSI is set at 44.90 for Sprott Physical Silver Trust [PSLV]. The present Moving Average for the last 50 days of trading for this stock 10.68, while it was recorded at 10.52 for the last single week of trading, and 9.91 for the last 200 days.
An analysis of Institutional ownership at Sprott Physical Silver Trust [PSLV]
The top three institutional holders of PSLV stocks are: BLACKROCK INC. with ownership of 22.87 million shares, which is approximately 4.7027%. FEDERATION DES CAISSES DESJARDINS DU QUEBEC, holding 13.28 million shares of the stock with an approximate value of $$131.47 million in PSLV stocks shares; and FEDERATION DES CAISSES DESJARDINS DU QUEBEC, currently with $$75.36 million in PSLV stock with ownership which is approximately 1.5603%.
