Sprott Physical Silver Trust [AMEX: PSLV] gained 0.16% or 0.02 points to close at $12.87 with a heavy trading volume of 28748160 shares.
It opened the trading session at $12.94, the shares rose to $12.96 and dropped to $12.87, the range by which the price of stock traded the whole day. The daily chart for PSLV points out that the company has recorded 24.95% gains over the past six months.
If we look at the average trading volume of 31.04M shares, PSLV reached to a volume of 28748160 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 -0.62. With this latest performance, PSLV shares gained by 2.88% in over the last four-week period, additionally plugging by 24.95% over the last 6 months – not to mention a rise of 33.37% 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 64.73, with the RSI for the last a single of trading hit 0.21, and the three-weeks RSI is set at 0.21 for Sprott Physical Silver Trust [PSLV]. The present Moving Average for the last 50 days of trading for this stock 11.89, while it was recorded at 12.80 for the last single week of trading, and 11.00 for the last 200 days.
Sprott Physical Silver Trust (PSLV) Capital Structure & Debt Analysis
Sprott Physical Silver Trust (PSLV) Efficiency & Liquidity Metrics
Sprott Physical Silver Trust (PSLV) Efficiency & Liquidity Metrics
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 4.6923%. 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 1.5568%.
