RNSC Stock Summary and Trading Ideas (Small Cap US Equity Select ETF | NASDAQ:RNSC)

The Small Cap US Equity Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Nasdaq Riskalyze Small Cap US Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Funds investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Funds performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Nasdaq Riskalyze US Small Cap Index is a modified market capitalization weighted index which seeks to provide a diversified portfolio of dividend-paying US small cap securities.

Small Cap US Equity Select ETF trades on the NASDAQ stock market under the symbol RNSC.

As of April 23, 2024, RNSC stock price climbed to $27.68 with 5,357 million shares trading.

RNSC has a market cap of $37.37 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, RNSC stock traded as high as $32.98 and as low as $23.01.

RNSC has underperformed the market in the last year with a return of +8.0%, while the SPY ETF gained +24.4%. In the last 3 month period, RNSC fell short of the market, returning -1.9%, while SPY returned +5.0%. However, in the most recent 2 weeks RNSC has outperformed the stock market by returning -2.3%, while SPY returned -2.5%.

RNSC support price is $27.01 and resistance is $27.69 (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 RNSC stock will trade within this expected range on the day.