ECH Stock Summary and Trading Ideas (iShares MSCI Chile ETF | BATS:ECH)

The iShares MSCI Chile ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI Chile IMI 25/50 Index. The iShares MSCI Chile ETF seeks to track the investment results of a broad-based index composed of Chilean equities.

iShares MSCI Chile ETF trades on the BATS stock market under the symbol ECH.

As of May 8, 2024, ECH stock price climbed to $27.72 with 83,987 million shares trading.

ECH has a beta of 0.70, meaning it tends to be less sensitive to market movements. ECH has a correlation of 0.14 to the broad based SPY ETF.

ECH has a market cap of $604.30 million. This is considered a Small Cap stock.

In the last 3 years, ECH stock traded as high as $33.66 and as low as $21.32.

ECH stock has underperformed the market in the last year with a return of -0.4%, while SPY returned +27.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ECH shares. However, ECH has outperformed the market in the last 3 month and 2 week periods, returning +11.2% and +4.3%, while SPY returned +4.2% and +2.3%, respectively. This indicates ECH has been having a stronger performance recently.

ECH support price is $27.26 and resistance is $28.08 (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 ECH stock will trade within this expected range on the day.