ALUM Stock Summary and Trading Ideas (Uscf ETF Trust Uscf Aluminum Strategy | ARCA:ALUM)

The USCF Aluminum Strategy Fund seeks investment results that generally correspond over the long term to the performance of the price of aluminum. The Fund is an actively managed exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by using a proprietary methodology that seeks to provide exposure to the price of aluminum through aluminum-based derivatives investments (Aluminum Derivatives). The Fund will primarily invest in aluminum futures, however, in order to gain the desired economic exposure, the Fund may also invest in cash settled options, forward contracts, options on futures contracts, and other options.

Uscf ETF Trust Uscf Aluminum Strategy trades on the ARCA stock market under the symbol ALUM.

As of October 31, 2024, ALUM stock price was flat at $33.21 with million shares trading.

ALUM has a market cap of $830,125.00. This is considered a Sub-Micro Cap stock.

ALUM has underperformed the market in the last year with a return of +13.8%, while SPY returned +39.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ALUM shares. However, ALUM has outperformed the market in the last 3 month and 2 week periods, returning +20.8% and 0.0%, while SPY returned +5.7% and -1.9%, respectively. This indicates ALUM has been having a stronger performance recently.

ALUM support price is $32.13 and resistance is $34.28 (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 ALUM shares will trade within this expected range on the day.