PSLV Price Prediction, Sprott Physical Silver Trust AI Recommendations
ETF market charts, price targets, analyst ratings and a financial calendar
PSLV's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for PSLV turned positive on November 15, 2023. Looking at past instances where PSLV's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 14, 2023. You may want to consider a long position or call options on PSLV as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
PSLV moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PSLV crossed bullishly above the 50-day moving average on November 06, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PSLV advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PSLV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
PSLV broke above its upper Bollinger Band on November 15, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Industry description
General Information
a closed-end investment trust company, which investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion
Category Unknown
PSLV and
Correlation & Price change
A.I.dvisor indicates that over the last year, PSLV has been closely correlated with SLV. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSLV jumps, then SLV could also see price increases.
| Ticker / NAME | Correlation To PSLV | 1D Price Change % | ||
|---|---|---|---|---|
| PSLV | 100% | +1.68% | ||
| SLV - PSLV | 98% Closely correlated | +1.60% | ||
| PHYS - PSLV | 78% Closely correlated | +0.92% | ||
| GLD - PSLV | 77% Closely correlated | +1.33% | ||
| IAU - PSLV | 77% Closely correlated | +1.31% | ||
| GLDM - PSLV | 77% Closely correlated | +1.30% |