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

The ETF tracks the performance of the Next Intangible Value Index (the "Value Index"). The Value Index is designed to measure the performance of U.S. stocks of companies that exhibit low equity valuations relative to their intangible-adjusted book values within their respective sector. The Value Index methodology defines intangible capital as productive assets that lack a physical presence and generally are created through investments in brand capital, knowledge capital, and organization capital. The Value 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. Market equity value is observable using market equity prices and shares outstanding. Book equity value is directly observable from a company's financial statements. The 200 stocks with the lowest equity valuations relative to their intangible adjusted book values are selected (the "Intangible Value Universe").

Simplify Funds Simplify Next Intangible Value Index ETF trades on the BATS stock market under the symbol NXTV.

As of May 8, 2024, NXTV stock price was flat at $25.52 with 9 million shares trading.

NXTV has a market cap of $2.55 million. This is considered a Sub-Micro Cap stock.

NXTV support price is $25.36 and resistance is $25.67 (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 NXTV stock will trade within this expected range on the day.