What caused PHAG.AS stock to drop 12.43% on 06 Feb 2026?

A pullback in silver spot prices and profit-taking in physical silver ETFs drove PHAG.AS lower. Increased issuance in rival ETCs and intraday volume shifts also played a role. Sector moves were muted, so the decline was metal-specific.

What is Meyka AI's grade for PHAG.AS stock and what does it mean?

Meyka AI rates PHAG.AS **65.49** out of 100, Grade **B** with a **HOLD** suggestion. The grade combines benchmark and sector comparison, key metrics and forecasts. It is informational and not investment advice.

What price targets and forecasts exist for PHAG.AS stock?

Meyka AI's model projects a monthly target of **€81.56** (+39.77%) and a one-year projection of **€33.93** (-41.87%). We outline a conservative near-term target **€75.00** and a stress-case floor **€34.00**. Forecasts are not guarantees.

How liquid is PHAG.AS stock and what are key technical levels?

Trading volume was **106,352** vs average **147,771**, so liquidity is adequate but lower than average. Short-term support near **€55.00–€50.00**, resistance around **€75.00–€82.00**. Expect volatility given ATR **8.35**.

EU Stocks

PHAG.AS WisdomTree Physical Silver down 12.43% on 06 Feb 2026: outlook

ByHuzaifa Zahoor February 6, 2026February 6, 2026

PHAG.AS stock fell 12.43% to €58.36 on EURONEXT as markets closed on 06 Feb 2026, making it one of today’s top losers. The drop followed heavy intraday volume of 106,352 shares versus an average of 147,771, and a one-day price change of -€8.28. We examine drivers behind the sell-off, short-term technical damage and how Meyka AI’s forecasts position the ETF versus current price. This piece is market-closed analysis tailored for Europe investors in precious metals exposure.