UXI Stock Summary and Trading Ideas (ProShares Ultra Industrials | ARCA:UXI)

ProShares Ultra Industrials seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Industrials Select Sector Index.

ProShares Ultra Industrials trades on the ARCA stock market under the symbol UXI.

As of April 16, 2024, UXI stock price declined to $32.44 with 2,174 million shares trading.

UXI has a market cap of $23.36 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, UXI stock traded as high as $545.80 and as low as $18.04.

UXI has outperformed the market in the last year with a return of +41.3%, while the SPY ETF gained +23.8%. In the last 3 month period, UXI beat the market returning +16.6%, while SPY returned +6.0%. However, in the most recent 2 weeks UXI has underperformed the stock market by returning -5.0%, while SPY returned -3.5%.

UXI support price is $31.75 and resistance is $33.15 (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 UXI stock will trade within this expected range on the day.