ALCY Stock Summary and Trading Ideas (Alchemy Investments Acquisition 1 - Class A | NASDAQ:ALCY)

Alchemy Investments Acquisition Corp 1 is a blank check company.

Alchemy Investments Acquisition 1 - Class A trades on the NASDAQ stock market under the symbol ALCY.

As of October 17, 2024, ALCY stock price climbed to $10.91 with 258,965 million shares trading.

ALCY has a beta of 0.01, meaning it tends to be less sensitive to market movements. ALCY has a correlation of 0.00 to the broad based SPY ETF.

ALCY has a market cap of $163.33 million. This is considered a Micro Cap stock.

The top ETF exchange traded funds that ALCY belongs to (by Net Assets): SPAX.

ALCY has underperformed the market in the last year with a price return of +5.5% while the SPY ETF gained +35.2%. ALCY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.4% and +0.2%, respectively, while the SPY returned +3.4% and +2.4%, respectively.

ALCY support price is $10.89 and resistance is $10.91 (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 ALCY shares will trade within this expected range on the day.