Should You Buy Sprott Physical Silver Trust (PSLV) Stock After it Is Higher By 1.60% in a Week?

Sprott Physical Silver Trust (PSLV) stock has gained 1.60% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sprott Physical Silver Trust has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PSLV!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With PSLV Stock Today?

Sprott Physical Silver Trust (PSLV) stock has fallen -0.36% while the S&P 500 has gained 1.1% as of 10:24 AM on Wednesday, Dec 21. PSLV is lower by -$0.03 from the previous closing price of $8.28 on volume of 105,129 shares. Over the past year the S&P 500 is lower by -15.42% while PSLV has gained 6.73%. PSLV lost -$1.19 per share in the over the last 12 months. To screen for more stocks like Sprott Physical Silver Trust click here.

More About Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide a secure, convenient and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion. The Trust achieve its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices. Click Here to get the full Stock Report for Sprott Physical Silver Trust stock.