ADERU Stock Summary and Trading Ideas (26 Capital Acquisition Corp. - Unit | NASDAQ:ADERU)

26 Capital Acquisition Corp is a blank check company.

26 Capital Acquisition Corp. - Unit trades on the NASDAQ stock market under the symbol ADERU.

As of June 2, 2023, ADERU stock price was flat at $10.40 with million shares trading.

ADERU has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ADERU has underperformed the market in the last year with a price return of +3.2% while the SPY ETF gained +4.1%. ADERU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.7% and -2.9%, respectively, while the SPY returned +7.9% and +2.2%, respectively.

ADERU support price is $10.36 and resistance is $10.44 (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 ADERU stock will trade within this expected range on the day.