DLN Stock Summary and Trading Ideas (WisdomTree U.S. Largecap Dividend | ARCA:DLN)

The WisdomTree U.S. LargeCap Dividend Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the U.S. dividend-paying market. The Index is comprised of the 300 largest companies ranked by market capitalization from the WisdomTree U.S. Dividend Index. The index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.

WisdomTree U.S. Largecap Dividend trades on the ARCA stock market under the symbol DLN.

As of April 19, 2024, DLN stock price climbed to $68.99 with 4,217 million shares trading.

DLN has a beta of 0.84, meaning it tends to be less sensitive to market movements. DLN has a correlation of 0.80 to the broad based SPY ETF.

DLN has a market cap of $3.85 billion. This is considered a Mid Cap stock.

In the last 3 years, DLN stock traded as high as $72.30 and as low as $54.81.

DLN has underperformed the market in the last year with a return of +11.6%, while the SPY ETF gained +22.1%. In the last 3 month period, DLN fell short of the market, returning +4.7%, while SPY returned +5.1%. However, in the most recent 2 weeks DLN has outperformed the stock market by returning -2.2%, while SPY returned -2.7%.

DLN support price is $68.19 and resistance is $69.19 (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 DLN stock will trade within this expected range on the day.