URA Stock Summary and Trading Ideas (Global X Uranium ETF | ARCA:URA)

The Global X Uranium ETF (URA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index.

Global X Uranium ETF trades on the ARCA stock market under the symbol URA.

As of April 19, 2024, URA stock price declined to $28.83 with 1,412,259 million shares trading.

URA has a beta of 0.89, meaning it tends to be less sensitive to market movements. URA has a correlation of 0.12 to the broad based SPY ETF.

URA has a market cap of $3.06 billion. This is considered a Mid Cap stock.

In the last 3 years, URA stock traded as high as $32.60 and as low as $17.23.

URA has outperformed the market in the last year with a return of +55.2%, while the SPY ETF gained +21.2%. However, in the most recent history, URA shares have underperformed the stock market with its stock returning -6.3% in the last 3 month period and -4.6% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

URA support price is $28.19 and resistance is $29.57 (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 URA stock will trade within this expected range on the day.