28-Mar-2024
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ProShares Ultra Consumer Discretionary seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Consumer Discretionary Select Sector Index.
ProShares Ultra Consumer Discretionary trades on the ARCA stock market under the symbol UCC.
As of March 28, 2024, UCC stock price declined to $37.37 with 602 million shares trading.
UCC has a market cap of $18.50 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, UCC stock traded as high as $56.92 and as low as $21.60.
UCC has outperformed the market in the last year with a price return of +54.2% while the SPY ETF gained +33.6%. However, in the short term, UCC had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.9% vs +10.1% return in SPY. But in the last 2 weeks, UCC shares have fared better than the market returning +3.4% compared to SPY +1.7%.
UCC support price is $36.89 and resistance is $38.10 (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 UCC stock will trade within this expected range on the day.