SILJ Stock Summary and Trading Ideas (Amplify ETF Trust Amplify Junior Silver Miners ETF | ARCA:SILJ)

SILJ seeks investment results that generally correlate (before fees and expenses) to the total return performance of the Nasdaq Metals Focus Silver Miners Index. SILJ tracks the performance of companies engaged in the silver mining industry that derive the majority of their revenues from silver mining, global silver production, or exploration and development activities related to new silver production.

Amplify ETF Trust Amplify Junior Silver Miners ETF trades on the ARCA stock market under the symbol SILJ.

As of April 24, 2024, SILJ stock price declined to $11.05 with 1,323,578 million shares trading.

SILJ has a beta of 0.77, meaning it tends to be less sensitive to market movements. SILJ has a correlation of 0.06 to the broad based SPY ETF.

SILJ has a market cap of $833.17 million. This is considered a Small Cap stock.

In the last 3 years, SILJ stock traded as high as $18.17 and as low as $7.80.

SILJ has underperformed the market in the last year with a price return of +0.6% while the SPY ETF gained +24.2%. However, in the short term, SILJ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +22.2% vs +4.6% return in SPY. But in the last 2 weeks, SILJ shares have been beat by the market, returning -3.2% compared to an SPY return of -2.7%.

SILJ support price is $10.72 and resistance is $11.40 (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 SILJ stock will trade within this expected range on the day.