UMAY Stock Summary and Trading Ideas (Innovator U.S. Equity Ultra Buffer ETF - May | BATS:UMAY)

The Fund seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust, up to the upside cap of 13.10% (prior to taking into account management fees and other fees) while providing a buffer against SPDR S&P 500 ETF Trust losses of between 5% and 35% (prior to taking into account management fees and other fees) over the period from May 1, 2023 to April 30, 2024. The Fund invests at least 80% of its net assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust (the "Underlying ETF").

Innovator U.S. Equity Ultra Buffer ETF - May trades on the BATS stock market under the symbol UMAY.

As of December 13, 2024, UMAY stock price declined to $33.76 with 3,820 million shares trading.

UMAY has a market cap of $52.33 million. This is considered a Micro Cap stock.

In the last 3 years, UMAY traded as high as $33.81 and as low as $25.33.

UMAY has underperformed the market in the last year with a price return of +15.6% while the SPY ETF gained +29.9%. UMAY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.3% and +0.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

UMAY support price is $33.70 and resistance is $33.86 (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 UMAY shares will trade within this expected range on the day.