CURE Stock Summary and Trading Ideas (Direxion Daily Healthcare Bull 3X | ARCA:CURE)

The Daily Healthcare Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the Healthcare Select Sector Index. There is no guarantee the fund will meet its stated investment objective.

Direxion Daily Healthcare Bull 3X trades on the ARCA stock market under the symbol CURE.

As of April 24, 2024, CURE stock price declined to $107.63 with 29,863 million shares trading.

CURE has a beta of 1.72, meaning it tends to be more sensitive to market movements. CURE has a correlation of 0.34 to the broad based SPY ETF.

CURE has a market cap of $182.98 million. This is considered a Micro Cap stock.

In the last 3 years, CURE stock traded as high as $149.58 and as low as $75.39.

CURE has underperformed the market in the last year with a price return of +3.2% while the SPY ETF gained +24.2%. CURE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.8% and -5.6%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

CURE support price is $105.38 and resistance is $110.88 (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 CURE stock will trade within this expected range on the day.