EZU Stock Summary and Trading Ideas (iShares MSCI Eurozone ETF | BATS:EZU)

The iShares MSCI EMU Index Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in the European Monetary Union (EMU) markets as measured by the MSCI EMU Index.

iShares MSCI Eurozone ETF trades on the BATS stock market under the symbol EZU.

As of April 17, 2024, EZU stock price climbed to $48.78 with 4,567,227 million shares trading.

EZU has a beta of 1.07, meaning it tends to be more sensitive to market movements. EZU has a correlation of 0.65 to the broad based SPY ETF.

EZU has a market cap of $7.45 billion. This is considered a Mid Cap stock.

In the last 3 years, EZU stock traded as high as $51.62 and as low as $31.14.

EZU stock has underperformed the market in the last year with a return of +7.7%, while SPY returned +23.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EZU shares. However, EZU has outperformed the market in the last 3 month and 2 week periods, returning +6.5% and -3.5%, while SPY returned +5.7% and -3.5%, respectively. This indicates EZU has been having a stronger performance recently.

EZU support price is $48.27 and resistance is $49.25 (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 EZU stock will trade within this expected range on the day.