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

The ETRACS Alerian Midstream Energy Total Return Index ETN is an Exchange Traded Note linked to the performance of the Alerian Midstream Energy Adjusted Net Total Return Index, less tracking fees. The Alerian Midstream Energy Adjusted Net Total Return Index (Bloomberg: AMNTR Index ) isthe adjusted net total return version of the Alerian Midstream Energy Index (Bloomberg: AMNA Index ). The Index is a broad-based composite of North American energy infrastructure companieswho earn the majority of their cash flow from midstream activities involving energy commodities,such as gathering & processing, liquefaction, pipeline transportation, rail terminaling, and storageof energy commodities.

Etracs Alerian Midstream Energy Total Return Index ETN trades on the ARCA stock market under the symbol AMTR.

As of April 24, 2024, AMTR stock price was flat at $57.78 with 14 million shares trading.

AMTR has a market cap of $69.33 million. This is considered a Micro Cap stock.

In the last 3 years, AMTR stock traded as high as $58.62 and as low as $35.51.

AMTR stock has underperformed the market in the last year with a return of +20.4%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMTR shares. However, AMTR has outperformed the market in the last 3 month and 2 week periods, returning +10.0% and -0.4%, while SPY returned +4.6% and -2.7%, respectively. This indicates AMTR has been having a stronger performance recently.

AMTR support price is $57.25 and resistance is $58.30 (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 AMTR stock will trade within this expected range on the day.