GXC Stock Summary and Trading Ideas (SPDR S&P China ETF | ARCA:GXC)

The SPDR S&P China ETF before expenses seeks to closely match the returns and characteristics of the total return performance of the S&P China BMI Index (ticker: STBCCNU).

SPDR S&P China ETF trades on the ARCA stock market under the symbol GXC.

As of June 14, 2024, GXC stock price declined to $70.91 with 7,814 million shares trading.

GXC has a beta of 0.87, meaning it tends to be less sensitive to market movements. GXC has a correlation of 0.20 to the broad based SPY ETF.

GXC has a market cap of $482.19 million. This is considered a Small Cap stock.

In the last 3 years, GXC stock traded as high as $134.42 and as low as $59.45.

GXC has underperformed the market in the last year with a price return of -5.4% while the SPY ETF gained +25.7%. However, in the short term, GXC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.3% vs +6.0% return in SPY. But in the last 2 weeks, GXC shares have been beat by the market, returning -1.2% compared to an SPY return of +2.9%.

GXC support price is $70.46 and resistance is $71.90 (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 GXC stock will trade within this expected range on the day.