AMNA Stock Summary and Trading Ideas (Etracs Alerian Midstream Energy Index ETN | ARCA:AMNA)

The Alerian Midstream Energy Index is a broad-based composite of North American energy infrastructure companies who earn the majority of their cash flow from midstream activities involving energy commodities, such as gathering & processing, liquefaction, pipeline transportation, rail terminaling, and storage of energy commodities. The Index is calculated by S&P Dow Jones Indices using a capped, float-adjusted, capitalization weighted methodology.

Etracs Alerian Midstream Energy Index ETN trades on the ARCA stock market under the symbol AMNA.

As of April 24, 2024, AMNA stock price was flat at $41.51 with million shares trading.

AMNA has a market cap of $83.01 million. This is considered a Micro Cap stock.

In the last 3 years, AMNA stock traded as high as $42.69 and as low as $30.37.

AMNA stock has underperformed the market in the last year with a return of +19.6%, while SPY returned +24.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMNA shares. However, AMNA has outperformed the market in the last 3 month and 2 week periods, returning +9.9% and -0.4%, while SPY returned +4.7% and -2.6%, respectively. This indicates AMNA has been having a stronger performance recently.

AMNA support price is $40.94 and resistance is $42.07 (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 AMNA stock will trade within this expected range on the day.