UDN Stock Summary and Trading Ideas (Invesco Db US Dollar Index Bearish | ARCA:UDN)

The Invesco DB US Dollar Index Bearish Fund (Symbol: UDN) seeks to track changes, whether positive or negative, in the level of the Deutsche Bank Short USD Currency Portfolio Index - Excess Return, (DB Short USD Currency Portfolio Index ER) plus the interest income from the Funds holdings of primarily US Treasury securities and money market income less the Funds expenses. The Fund is designed for investors who want a cost effective and convenient way to track the value of the U.S. dollar relative to a basket of the six major world currencies the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc (collectively, the "Basket Currencies"). The Index is a rules-based index composed solely of short U.S. Dollar Index futures contracts that trade on the ICE futures exchange (USDX futures contracts). The USDX futures contract is designed to replicate the performance of being short the U.S. dollar against the Basket Currencies.

Invesco Db US Dollar Index Bearish trades on the ARCA stock market under the symbol UDN.

As of January 30, 2025, UDN stock price climbed to $16.83 with 58,599 million shares trading.

UDN has a beta of 0.10, meaning it tends to be less sensitive to market movements. UDN has a correlation of 0.04 to the broad based SPY ETF.

UDN has a market cap of $47.14 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, UDN traded as high as $20.33 and as low as $16.49.

UDN has underperformed the market in the last year with a price return of -1.9% while the SPY ETF gained +24.6%. UDN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.0% and +1.0%, respectively, while the SPY returned +4.3% and +2.1%, respectively.

UDN support price is $16.74 and resistance is $16.88 (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 UDN shares will trade within this expected range on the day.