WTIU Stock Summary and Trading Ideas (Microsectors Energy 3X Leveraged ETN | ARCA:WTIU)

The return on the MicroSectors Energy 3X Leveraged ETNs is linked to a three times leveraged participation in the performance of the Solactive MicroSectors Energy Index, compounded daily, minus the applicable fees. The Index is a total return index that tracks the stock prices of highly liquid U.S. energy and oil companies. The Index is a total return index that measures the performance of 12 highly liquid U.S. stocks from the energy and oil sector.

Microsectors Energy 3X Leveraged ETN trades on the ARCA stock market under the symbol WTIU.

As of December 13, 2024, WTIU stock price declined to $12.58 with 59,147 million shares trading.

WTIU has a beta of 1.42, meaning it tends to be more sensitive to market movements. WTIU has a correlation of 0.08 to the broad based SPY ETF.

WTIU has a market cap of $18.88 million. This is considered a Sub-Micro Cap stock.

WTIU has underperformed the market in the last year with a price return of -16.9% while the SPY ETF gained +29.9%. WTIU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.2% and -18.2%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

WTIU support price is $12.34 and resistance is $13.27 (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 WTIU shares will trade within this expected range on the day.