GUSH Stock Summary and Trading Ideas (Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X | ARCA:GUSH)

The Fund seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. The Index is provided by Standard & Poor s and includes domestic companies from the oil and gas exploration and production sub-industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $3.89 billion and are concentrated in the energy and oil and gas sectors as of April 30, 2015.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X trades on the ARCA stock market under the symbol GUSH.

As of April 16, 2024, GUSH stock price declined to $40.21 with 567,623 million shares trading.

GUSH has a beta of 1.12, meaning it tends to be more sensitive to market movements. GUSH has a correlation of 0.08 to the broad based SPY ETF.

GUSH has a market cap of $509.21 million. This is considered a Small Cap stock.

In the last 3 years, GUSH stock traded as high as $64.44 and as low as $12.75.

GUSH stock has underperformed the market in the last year with a return of +21.1%, while SPY returned +23.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GUSH shares. However, GUSH has outperformed the market in the last 3 month and 2 week periods, returning +29.9% and -3.5%, while SPY returned +6.0% and -3.5%, respectively. This indicates GUSH has been having a stronger performance recently.

GUSH support price is $40.16 and resistance is $42.18 (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 GUSH stock will trade within this expected range on the day.