EYEG Stock Summary and Trading Ideas (Ab Corporate Bond ETF | NASDAQ:EYEG)

AB Corporate Bond ETF is an actively managed exchange traded fund incorporated in the USA. An actively managed investment grade corporate bond ETF that seeks to maximize total return through current income and long-term capital appreciation. It Invests at least 80% of its net assets in investment grade fixed-income securities of corporate issuers. The Fund invests primarily in U.S. dollar-denominated corporate debt securities issued by U.S. and foreign companies. The factors that the Adviser considers in this regard fall into six broad proprietary categories-value, momentum, size, quality, carry, and volatility-with each category containing multiple factors. In making investment assessments, the Adviser considers a total factor score for each security and constructs a portfolio of securities taking into account other portfolio constraints and risks. This process also takes into account a security's credit quality and sensitivity to interest rates.

Ab Corporate Bond ETF trades on the NASDAQ stock market under the symbol EYEG.

As of May 16, 2024, EYEG stock price was flat at $35.42 with million shares trading.

EYEG has a market cap of $24.79 million. This is considered a Sub-Micro Cap stock.

EYEG support price is $35.30 and resistance is $35.54 (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 EYEG stock will trade within this expected range on the day.