BLES Stock Summary and Trading Ideas (Inspire Global Hope ETF | ARCA:BLES)

BLES is designed as a core equity holding by providing exposure to a broad range of large companies in the U.S., international and emerging markets. BLES uses the Inspire Impact Score methodology to seek out investments in the most inspiring, biblically aligned companies in the U.S. applying a faith-based perspective in seeking out businesses that are a blessing to their customers, communities, workforce and the world.

Inspire Global Hope ETF trades on the ARCA stock market under the symbol BLES.

As of April 24, 2024, BLES stock price declined to $36.20 with 4,791 million shares trading.

BLES has a beta of 1.01, meaning it tends to be more sensitive to market movements. BLES has a correlation of 0.76 to the broad based SPY ETF.

BLES has a market cap of $110.42 million. This is considered a Micro Cap stock.

In the last 3 years, BLES stock traded as high as $40.92 and as low as $27.15.

BLES has underperformed the market in the last year with a price return of +11.3% while the SPY ETF gained +24.1%. BLES has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.3% and -2.0%, respectively, while the SPY returned +4.5% and -1.7%, respectively.

BLES support price is $35.93 and resistance is $36.55 (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 BLES stock will trade within this expected range on the day.