IXC Stock Summary and Trading Ideas (iShares Global Energy ETF | ARCA:IXC)

The iShares Global Energy ETF seeks to track the investment results of an index composed of global equities in the energy sector. Provides exposure to companies that produce and distribute oil and gas

iShares Global Energy ETF trades on the ARCA stock market under the symbol IXC.

As of December 13, 2024, IXC stock price declined to $40.00 with 437,325 million shares trading.

IXC has a beta of 0.39, meaning it tends to be less sensitive to market movements. IXC has a correlation of 0.07 to the broad based SPY ETF.

IXC has a market cap of $2.08 billion. This is considered a Mid Cap stock.

In the last 3 years, IXC traded as high as $45.22 and as low as $25.81.

IXC has underperformed the market in the last year with a price return of +7.4% while the SPY ETF gained +29.9%. IXC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.4% and -5.3%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

IXC support price is $39.78 and resistance is $40.58 (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 IXC shares will trade within this expected range on the day.