JDST Stock Summary and Trading Ideas (Direxion Daily Junior Gold Miners Index Bear 2X | ARCA:JDST)

The Fund seeks daily investment results, before fees and expenses, of 200% of the inverse (or opposite) of the performance of the Market Vectors Junior Gold Miners Index. Fund tracks a commodity related equity index, consisting of a basket of junior gold miner related stocks.

Direxion Daily Junior Gold Miners Index Bear 2X trades on the ARCA stock market under the symbol JDST.

As of December 3, 2024, JDST stock price declined to $26.15 with 512,137 million shares trading.

JDST has a beta of -2.67, meaning it tends to be less sensitive to market movements. JDST has a correlation of 0.19 to the broad based SPY ETF.

JDST has a market cap of $41.79 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, JDST traded as high as $188.90 and as low as $20.22.

JDST has underperformed the market in the last year with a price return of -46.9% while the SPY ETF gained +33.1%. JDST has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -22.8% and -0.4%, respectively, while the SPY returned +9.7% and +2.3%, respectively.

JDST support price is $26.39 and resistance is $28.95 (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 JDST shares will trade within this expected range on the day.