The market has been high on Sprott Physical Silver Trust (PSLV) stock recently. PSLV gets a Bullish score from InvestorsObserver Stock 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!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With PSLV Stock Today?
Sprott Physical Silver Trust (PSLV) stock is lower by -1.54% while the S&P 500 is up 0.27% as of 3:46 PM on Friday, Jan 27. PSLV is down -$0.12 from the previous closing price of $8.14 on volume of 270,207 shares. Over the past year the S&P 500 is lower by -6.40% while PSLV is down -0.74%. PSLV lost -$1.19 per share in the over the last 12 months.
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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.
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