NERD Stock Summary and Trading Ideas (Roundhill Video Games ETF | ARCA:NERD)

The Roundhill Video Games ETF ("NERD ETF") is designed to offer investors exposure to the video game sector by providing investment results that closely correspond, before fees and expenses, to the performance of the Nasdaq CTA Global Video Games Software Index. The Nasdaq CTA Global Video Games Software Index is designed to track the performance of exchange-listed companies engaged in video game publishing and/or video game development. The Nasdaq CTA Global Video Games Software Index excludes companies domiciled in China or Russia.

Roundhill Video Games ETF trades on the ARCA stock market under the symbol NERD.

As of April 24, 2024, NERD stock price was flat at $14.64 with 88 million shares trading.

NERD has a market cap of $18.30 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, NERD stock traded as high as $33.65 and as low as $13.00.

NERD has underperformed the market in the last year with a price return of -3.4% while the SPY ETF gained +23.7%. NERD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.9% and -5.0%, respectively, while the SPY returned +4.1% and -3.1%, respectively.

NERD support price is $14.49 and resistance is $14.79 (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 NERD stock will trade within this expected range on the day.