Thursday May 23, 2019 Change 0.89% Price $10.24
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will PHYS stock price go up or down on Tue, 28 May 2019?

Predict

Sprott Physical Gold Trust Forecast and Stock Analysis

Technical PHYS stock analysis for Thursday May 23, 2019.

Hold candidate since 2019-05-23
Shorts 0.06% ( 2019-04-15 )
Insider % n/a
Institutional % 18.60%
Beta -0.09
ROA -3.60%
Price to book USD 0.96
P/E Ratio -32.17
Next Earnings Date n/a


Sprott Physical Gold Trust gained 0.89% in the last trading day ( Thursday, 23rd May 2019 ), rising from $10.15 to $10.24 During day the stock fluctuated 0.98% from a day low at $10.18 to a day high of $10.28. The price has fallen in 6 of the last 10 days , but is still up by 0.29% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 146 442 more shares were traded than the day before. In total, 341 878 shares bought and sold for approximately $3.50 million.

Quick summary:

  • 30 day high of the PHYS stock price was $10.38 and low was $10.08.
  • 90 day high was $10.76 and low was $10.08.
  • 52 week high for the Sprott Physical Gold Trust - $10.88 and low - $9.35.

Trend

Sprott Physical Gold Trust lies in the middle of a narrow and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.05% during the next 3 months and, with 90% probability hold a price between $9.55 and $9.97 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Wednesday May 22, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Sprott Physical Gold Trust holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $10.28. On a fall, the stock will find some support from the short-term average at $10.21. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

The stock had a Golden Star Signal* on Friday November 16, 2018 in the medium-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Wednesday May 22, 2019 and based on theory for this formation the price should go up by 0.30% to $10.42 within 14 trading days since signal was issued (Wednesday June 12, 2019).

Relative Strength Index (RSI)

RSI14 is 57 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Sprott Physical Gold Trust finds support from accumulated volume at $10.23.

Support: $10.23 Price: $10.24 Resistance: $10.25

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.10 (0.98%) between high and low. For the last week, the stock has had a daily average volatility of 0.57%.

Our recommended stoploss: $9.67 (-5.61%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

0.57 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Sprott Physical Gold Trust holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Hold/Accumulate Upgraded
Previous Hold Today PHYS ranks #1648 as HOLD CANDIDATE #1648 Next Hold

Will PHYS stock price go up or down
on Tue, 28 May 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank