NJAN Stock Summary and Trading Ideas (Innovator Growth-100 Power Buffer ETF - January | BATS:NJAN)

The Fund seeks to provide investors with returns that match the price return of the Invesco QQQ Trust, Series 1, up to the upside cap of 16.09% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% (prior to taking into account management fees and other fees) of Invesco QQQ Trust, Series 1 losses, over the period from January 1, 2024 to December 31, 2024. The Fund invests at least 80% of its net assets in FLexible Exchange Options ("FLEX Options") that reference the Invesco QQQ Trust, Series 1 (the "Underlying ETF").

Innovator Growth-100 Power Buffer ETF - January trades on the BATS stock market under the symbol NJAN.

As of April 19, 2024, NJAN stock price declined to $42.20 with 16,509 million shares trading.

NJAN has a beta of 0.31, meaning it tends to be less sensitive to market movements. NJAN has a correlation of 0.54 to the broad based SPY ETF.

NJAN has a market cap of $237.38 million. This is considered a Small Cap stock.

In the last 3 years, NJAN stock traded as high as $43.73 and as low as $33.43.

NJAN has underperformed the market in the last year with a return of +10.9%, while the SPY ETF gained +21.2%. In the last 3 month period, NJAN fell short of the market, returning -0.4%, while SPY returned +3.0%. However, in the most recent 2 weeks NJAN has outperformed the stock market by returning -2.6%, while SPY returned -4.5%.

NJAN support price is $42.42 and resistance is $42.82 (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 NJAN stock will trade within this expected range on the day.