SSLY Stock Summary and Trading Ideas (Syntax Stratified Smallcap ETF | ARCA:SSLY)

The Syntax Stratified SmallCap ETF (the Fund ) seeks to provide investment results that, before expenses, track the performance of the Syntax Stratified SmallCap Index. The Index, which was created by Syntax LLC, an affiliate of the Fund s investment Advisor, is the Stratified Weight version of the widely used S&P SmallCap 600 Index and holds the same constituents as the S&P SmallCap 600 Index. Although the S&P SmallCap 600 Index seeks to measure the small cap segment of the US equity market, it may include some constituent stocks of companies that may be considered small, medium and large capitalization companies. Stratified Weight refers to the weighting methodology of the Index and is the method by which Syntax diversifies its indices by hierarchically grouping and distributing the weight of constituent companies that share Related Business Risks. Related Business Risk occurs when two or more companies earnings are affected by the same fundamental drivers (e.g. the product/ services the company makes/provides, the customers or end users the company sells to, or the inputs that it utilizes to make its product or service).

Syntax Stratified Smallcap ETF trades on the ARCA stock market under the symbol SSLY.

As of April 18, 2024, SSLY stock price was flat at $41.67 with million shares trading.

SSLY has a market cap of $16.67 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SSLY stock traded as high as $56.77 and as low as $37.47.

SSLY has underperformed the market in the last year with a price return of +0.4% while the SPY ETF gained +22.3%. SSLY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.6% and -5.9%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

SSLY support price is $41.10 and resistance is $42.23 (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 SSLY stock will trade within this expected range on the day.