FEPI Stock Summary and Trading Ideas (Rex Fang & Innovation Equity Premium Income ETF | NASDAQ:FEPI)

The Fund is an actively managed exchange-traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the securities of the companies comprising the Solactive FANG Innovation Index. REX FANG & Innovation Equity Premium Income ETF's investment objectives are capital appreciation and current income. The FANG & Innovation Index is equally weighted and includes 15 highly liquid stocks focused on building tomorrow's technology today. The index rebalances monthly and reconstitutes quarterly.

Rex Fang & Innovation Equity Premium Income ETF trades on the NASDAQ stock market under the symbol FEPI.

As of May 8, 2024, FEPI stock price declined to $53.80 with 55,563 million shares trading.

FEPI has a beta of 1.34, meaning it tends to be more sensitive to market movements. FEPI has a correlation of 0.86 to the broad based SPY ETF.

FEPI has a market cap of $196.37 million. This is considered a Micro Cap stock.

FEPI support price is $53.16 and resistance is $54.56 (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 FEPI stock will trade within this expected range on the day.