USG Stock Summary and Trading Ideas (Uscf Gold Strategy Plus Income | ARCA:USG)

The Fund seeks to achieve its investment objective by maintaining substantial economic exposure to the performance of the Gold Markets (physical gold and gold futures markets) by investing in: i) negotiable warehouse receipts, called warrants (Gold Warrants), evidencing ownership of specific gold bars stored in licensed depositories in and around New York City, and ii) fully margined and collateralized gold futures contracts. Also, to obtain the desired economic exposure, the Fund may transact in other gold-related derivative instruments such as cash-settled options, forward contracts, options on futures contracts, and other options (Gold Interests).

Uscf Gold Strategy Plus Income trades on the ARCA stock market under the symbol USG.

As of April 24, 2024, USG stock price climbed to $27.27 with 263 million shares trading.

USG has a market cap of $3.41 million. This is considered a Sub-Micro Cap stock.

USG support price is $27.04 and resistance is $27.45 (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 USG stock will trade within this expected range on the day.