The stock of ISHARES PHYSICAL METALS PLC ISHARES PHYSICAL SILVER ETC (LON:ISLN) gapped up by GBX 0.143 today and has GBX 34.76 target or 91.00% above today’s GBX 18.20 share price. The 5 months technical chart setup indicates low risk for the GBX company. The gap was reported on Nov, 10 by Barchart.com. If the GBX 34.76 price target is reached, the company will be worth GBX more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock decreased 0.63% or GBX 0.12 on November 10, hitting GBX 18.2. About 45,180 shares traded hands or 228.65% up from the average. ISHARES PHYSICAL METALS PLC ISHARES PHYSICAL SILVER ETC (LON:ISLN) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
More news for ISHARES PHYSICAL METALS PLC ISHARES PHYSICAL SILVER ETC (LON:ISLN) were recently published by: Ft.com, which released: “How to… invest in silver” on November 23, 2012. Pionline.com‘s article titled: “Gold’s appeal grows in era of volatile markets” and published on March 19, 2016 is yet another important article.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.