EJAN Stock Summary and Trading Ideas (Innovator Emerging Markets Power Buffer ETF - January | ARCA:EJAN)

The Fund seeks to provide investors with returns that match the price return of the iShares MSCI Emerging Markets ETF, up to the upside cap of 16.58% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% (prior to taking into account management fees and other fees) of iShares MSCI Emerging Markets ETF losses, over the period from January 1, 2024 to December 31, 2024. The Fund invests at least 80% of its net assets in FLexible EXchange Options ("FLEX Options") that reference the iShares MSCI Emerging Markets ETF (the "Underlying ETF").

Innovator Emerging Markets Power Buffer ETF - January trades on the ARCA stock market under the symbol EJAN.

As of April 23, 2024, EJAN stock price climbed to $28.74 with 6,398 million shares trading.

EJAN has a beta of 0.54, meaning it tends to be less sensitive to market movements. EJAN has a correlation of 0.40 to the broad based SPY ETF.

EJAN has a market cap of $145.85 million. This is considered a Micro Cap stock.

In the last 3 years, EJAN stock traded as high as $31.24 and as low as $24.22.

EJAN has underperformed the market in the last year with a return of +3.2%, while the SPY ETF gained +24.3%. In the last 3 month period, EJAN fell short of the market, returning +3.1%, while SPY returned +4.6%. However, in the most recent 2 weeks EJAN has outperformed the stock market by returning -1.6%, while SPY returned -2.6%.

EJAN support price is $28.42 and resistance is $28.72 (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 EJAN stock will trade within this expected range on the day.