URAX Stock Summary and Trading Ideas (Tidal Trust II Defiance Daily Target 2X Long Uranium ETF | ARCA:URAX)

The Daily Target 2X Long Uranium ETF (the "Fund") seeks daily leveraged investment results of two times (200%) the daily percentage change in the share price of the Global X Uranium ETF (NYSE Arca URA) (the "Underlying Security" or "URA"). The Fund is an actively managed exchange traded fund ("ETF") that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by entering into swap agreements on the Underlying Security. The Fund aims to achieve this daily percentage change for a single day, and not for any other period. A "single day" means the period "from the close of regular trading on one trading day to the close on the next trading day." The Fund will enter into one or more swap agreements with financial institutions for a specified period, which may range from one day to longer than a year. Through each swap agreement, the Fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the Underlying Security's share price.

Tidal Trust II Defiance Daily Target 2X Long Uranium ETF trades on the ARCA stock market under the symbol URAX.

As of December 12, 2024, URAX stock price declined to $15.33 with 10,456 million shares trading.

URAX has a market cap of $4.42 million. This is considered a Sub-Micro Cap stock.

URAX support price is $15.23 and resistance is $16.91 (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 URAX shares will trade within this expected range on the day.