EUFN Stock Summary and Trading Ideas (iShares MSCI Europe Financials ETF | NASDAQ:EUFN)

The iShares MSCI Europe Financials Sector Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the MSCI Europe Financials Index.

iShares MSCI Europe Financials ETF trades on the NASDAQ stock market under the symbol EUFN.

As of April 19, 2024, EUFN stock price climbed to $21.98 with 73,861 million shares trading.

EUFN has a beta of 0.93, meaning it tends to be less sensitive to market movements. EUFN has a correlation of 0.49 to the broad based SPY ETF.

EUFN has a market cap of $1.39 billion. This is considered a Small Cap stock.

In the last 3 years, EUFN stock traded as high as $23.12 and as low as $13.54.

EUFN has underperformed the market in the last year with a price return of +16.8% while the SPY ETF gained +21.8%. However, in the short term, EUFN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.5% vs +4.8% return in SPY. But in the last 2 weeks, EUFN shares have been beat by the market, returning -3.3% compared to an SPY return of -3.0%.

EUFN support price is $21.66 and resistance is $22.09 (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 EUFN stock will trade within this expected range on the day.