GUSH Stock Summary and Trading Ideas (Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X | ARCA:GUSH)

The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the oil and gas exploration and production sub-industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $3.89 billion and are concentrated in the energy and oil and gas sectors as of April 30, 2015.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X trades on the ARCA stock market under the symbol GUSH.

As of April 24, 2024, GUSH stock price climbed to $41.46 with 387,857 million shares trading.

GUSH has a beta of 1.20, meaning it tends to be more sensitive to market movements. GUSH has a correlation of 0.09 to the broad based SPY ETF.

GUSH has a market cap of $525.04 million. This is considered a Small Cap stock.

In the last 3 years, GUSH stock traded as high as $64.44 and as low as $12.75.

GUSH has outperformed the market in the last year with a return of +40.2%, while the SPY ETF gained +24.2%. In the last 3 month period, GUSH beat the market returning +44.0%, while SPY returned +4.6%. However, in the most recent 2 weeks GUSH has underperformed the stock market by returning -5.0%, while SPY returned -2.7%.

GUSH support price is $40.02 and resistance is $42.12 (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 GUSH stock will trade within this expected range on the day.