PSLV Stock Summary and Trading Ideas (Sprott Physical Silver Trust Etv | ARCA:PSLV)

Sprott Physical Silver Trust Etv trades on the ARCA stock market under the symbol PSLV.

As of May 6, 2024, PSLV stock price climbed to $9.26 with 3,259,372 million shares trading.

PSLV has a beta of 0.14, meaning it tends to be less sensitive to market movements. PSLV has a correlation of 0.00 to the broad based SPY ETF.

PSLV has a market cap of $4.50 billion. This is considered a Mid Cap stock.

In the last 3 years, PSLV stock traded as high as $10.20 and as low as $6.16.

PSLV has underperformed the market in the last year with a price return of +5.7% while the SPY ETF gained +28.0%. However, in the short term, PSLV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +21.2% vs +4.6% return in SPY. But in the last 2 weeks, PSLV shares have been beat by the market, returning -4.5% compared to an SPY return of +4.1%.

PSLV support price is $8.78 and resistance is $9.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSLV stock will trade within this expected range on the day.