AMZY Stock Summary and Trading Ideas (Tidal ETF Trust II Yieldmax Amzn Option Income Strategy ETF | ARCA:AMZY)

The Fund's primary investment objective is to seek current income. The Fund's secondary investment objective is to seek exposure to the share price of the common stock of Amazon.com, Inc. ("AMZN"), subject to a limit on potential investment gains. The Fund is an actively managed exchange-traded fund ("ETF") that seeks current income while providing indirect exposure to the share price (i.e., the price returns) of the common stock of Amazon.com, Inc. ("AMZN"), subject to a limit on potential investment gains. The Fund will employ its investment strategy as it relates to AMZN regardless of whether there are periods of adverse market, economic, or other conditions and will not take temporary defensive positions during such periods.

Tidal ETF Trust II Yieldmax Amzn Option Income Strategy ETF trades on the ARCA stock market under the symbol AMZY.

As of November 4, 2024, AMZY stock price declined to $19.60 with 129,615 million shares trading.

AMZY has a beta of 1.21, meaning it tends to be more sensitive to market movements. AMZY has a correlation of 0.47 to the broad based SPY ETF.

AMZY has a market cap of $188.16 million. This is considered a Micro Cap stock.

AMZY has underperformed the market in the last year with a return of +33.0%, while the SPY ETF gained +36.4%. In the last 3 month period, AMZY fell short of the market, returning +3.6%, while SPY returned +5.2%. However, in the most recent 2 weeks AMZY has outperformed the stock market by returning +3.4%, while SPY returned -2.6%.

AMZY support price is $19.51 and resistance is $19.99 (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 AMZY shares will trade within this expected range on the day.