ARGT Stock Summary and Trading Ideas (Global X MSCI Argentina ETF | ARCA:ARGT)

The Global X MSCI Argentina ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Argentina 25/50 Index.

Global X MSCI Argentina ETF trades on the ARCA stock market under the symbol ARGT.

As of April 19, 2024, ARGT stock price climbed to $53.53 with 28,100 million shares trading.

ARGT has a beta of 1.05, meaning it tends to be more sensitive to market movements. ARGT has a correlation of 0.18 to the broad based SPY ETF.

ARGT has a market cap of $184.94 million. This is considered a Micro Cap stock.

In the last 3 years, ARGT stock traded as high as $58.41 and as low as $23.29.

ARGT has outperformed the market in the last year with a price return of +32.4% while the SPY ETF gained +21.1%. ARGT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.7% and -2.0%, respectively, while the SPY returned +4.2% and -3.6%, respectively.

ARGT support price is $51.83 and resistance is $53.97 (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 ARGT stock will trade within this expected range on the day.