HACK Stock Summary and Trading Ideas (Amplify ETF Trust Amplify Cybersecurity ETF | ARCA:HACK)

HACK seeks investment results that generally correlate (before fees and expenses) to the total return performance of the Nasdaq ISE Cyber Security Select Index. The Parent Index tracks the performance of the common stock (or corresponding American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs")) of companies (i) that are a direct service provider (hardware/software developer) for cyber security and for which cyber security business activities are a key driver of the business ("Infrastructure Providers") or (ii) whose business model is defined by its role in providing cyber security services and for which cyber security business activities are a key driver of thebusiness ("Service Providers", and collectively with "Infrastructure Providers," the "Cyber Security Companies")

Amplify ETF Trust Amplify Cybersecurity ETF trades on the ARCA stock market under the symbol HACK.

As of April 18, 2024, HACK stock price declined to $60.48 with 53,703 million shares trading.

HACK has a beta of 1.13, meaning it tends to be more sensitive to market movements. HACK has a correlation of 0.50 to the broad based SPY ETF.

HACK has a market cap of $1.73 billion. This is considered a Small Cap stock.

In the last 3 years, HACK stock traded as high as $67.97 and as low as $40.65.

HACK has outperformed the market in the last year with a return of +26.3%, while the SPY ETF gained +22.2%. However, in the most recent history, HACK shares have underperformed the stock market with its stock returning -2.4% in the last 3 month period and -3.8% for the last 2 week period, while SPY has returned +5.2% and -2.6%, respectively.

HACK support price is $59.87 and resistance is $61.37 (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 HACK stock will trade within this expected range on the day.