GAL Stock Summary and Trading Ideas (SPDR Ssga Global Allocation ETF | ARCA:GAL)

The SPDR SSgA Global Allocation ETF seeks to provide capital appreciation. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services. The Portfolio is actively managed.

SPDR Ssga Global Allocation ETF trades on the ARCA stock market under the symbol GAL.

As of April 25, 2024, GAL stock price declined to $41.88 with 2,266 million shares trading.

GAL has a market cap of $231.60 million. This is considered a Small Cap stock.

In the last 3 years, GAL stock traded as high as $47.94 and as low as $35.50.

GAL has underperformed the market in the last year with a return of +8.8%, while the SPY ETF gained +23.2%. In the last 3 month period, GAL fell short of the market, returning +2.0%, while SPY returned +3.7%. However, in the most recent 2 weeks GAL has outperformed the stock market by returning -1.8%, while SPY returned -2.4%.

GAL support price is $41.95 and resistance is $42.53 (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 GAL stock will trade within this expected range on the day.