NXTI Stock Summary and Trading Ideas (Simplify Funds Simplify Next Intangible Core Index ETF | BATS:NXTI)

The ETF tracks the performance of the Next Intangible Core Index (the "Core Index"). The Core Index is designed to measure the performance of U.S. stocks of companies that exhibit relatively high intangible capital-to-book assets ratios within their respective sector. The Core Index methodology defines intangible capital as productive assets that lack a physical presence and are generally created through investments in brand capital, knowledge capital, and organization capital. The Core Index is a rules-based index that is created by applying successive screens to an initial universe of stocks. The initial universe is composed of the 2000 largest stocks by market capitalization in the Solactive United States 3000 Index (the "Initial Universe"). The Solactive United States 3000 Index is designed to track the performance of the largest 3000 companies from the United States stock market, as measured by market capitalization. EC calculates a ratio of intangible capital-to-book assets for the stocks in the Initial Universe using its proprietary model that is designed to measure intangible capital. The 200 stocks with the highest intangible capital-to-book assets ratio are selected (the "Intangible Core Universe").

Simplify Funds Simplify Next Intangible Core Index ETF trades on the BATS stock market under the symbol NXTI.

As of May 8, 2024, NXTI stock price was flat at $25.29 with 108 million shares trading.

NXTI has a market cap of $2.53 million. This is considered a Sub-Micro Cap stock.

NXTI support price is $25.11 and resistance is $25.46 (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 NXTI stock will trade within this expected range on the day.