BOIL Stock Summary and Trading Ideas (ProShares Ultra Bloomberg Natural Gas | ARCA:BOIL)

ProShares Ultra Bloomberg Natural Gas seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Natural Gas Subindex.

ProShares Ultra Bloomberg Natural Gas trades on the ARCA stock market under the symbol BOIL.

As of April 25, 2024, BOIL stock price climbed to $13.81 with 4,595,038 million shares trading.

BOIL has a beta of 0.08, meaning it tends to be less sensitive to market movements. BOIL has a correlation of 0.00 to the broad based SPY ETF.

BOIL has a market cap of $538.85 million. This is considered a Small Cap stock.

In the last 3 years, BOIL stock traded as high as $2,810.01 and as low as $12.28.

BOIL has underperformed the market in the last year with a price return of -80.9% while the SPY ETF gained +23.3%. BOIL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -48.4% and -3.9%, respectively, while the SPY returned +3.7% and -2.4%, respectively.

BOIL support price is $12.76 and resistance is $14.18 (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 BOIL stock will trade within this expected range on the day.