AIEQ Stock Summary and Trading Ideas (Amplify ETF Trust Amplify Ai Powered Equity ETF | ARCA:AIEQ)

AIEQ seeks investment results that generally correlate (before fees and expenses) to the total return performance of the AI Powered Equity Index that runs on the IBM Watson platform. Leveraging the power of artificial intelligence (AI), the unbiased and data-driven approach revolutionizes security selection by harnessing up to 10 years of historical data and then applying this analysis to recent economic data and more than 1M news articles and data sources to transform security selection.

Amplify ETF Trust Amplify Ai Powered Equity ETF trades on the ARCA stock market under the symbol AIEQ.

As of April 24, 2024, AIEQ stock price declined to $34.45 with 3,773 million shares trading.

AIEQ has a market cap of $103.35 million. This is considered a Micro Cap stock.

In the last 3 years, AIEQ stock traded as high as $44.78 and as low as $26.62.

AIEQ has underperformed the market in the last year with a price return of +23.8% while the SPY ETF gained +24.2%. AIEQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.2% and -3.3%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

AIEQ support price is $34.03 and resistance is $34.92 (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 AIEQ stock will trade within this expected range on the day.