Ideas And Forecasts On Sprott Physical Silver Trust (AMEX: PSLV)

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 20.04M but it saw 46191303 shares traded in last market. With a market cap of 5.62B USD, the company’s current market price of $10.79 came rising about 0.56 while comparing to the previous closing price of $10.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.77 and as low as $7.45.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.84, while its current price level is -8.33% below from 52-week high level whereas it is 44.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.37 while that of 200 days or SMA-200 reads an average of $10.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.84% during that period while stretching the period over a month that decreases to 1.64%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.24 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving -2.79% down while it is 6.52% when we observe its performance for the past one month. Year-to-date it is 11.81% up and over the past year, the stock is showing an upside performance of 41.05%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 520.39M. Stock’s beta reads 0.66.