WUGI Stock Summary and Trading Ideas (Axs Esoterica Nextg Economy ETF | BATS:WUGI)

WUGI is an actively-managed ETF that will invest in US and non-US equity securities of companies that are meaningfully participating in a digital economy enabled by fifth generation digital cellular network ( 5G ) technology. The investment objective of the Fund is to seek capital appreciation.

Axs Esoterica Nextg Economy ETF trades on the BATS stock market under the symbol WUGI.

As of April 26, 2024, WUGI stock price climbed to $60.70 with 1,967 million shares trading.

WUGI has a market cap of $27.36 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, WUGI stock traded as high as $69.50 and as low as $30.20.

WUGI has outperformed the market in the last year with a return of +65.3%, while the SPY ETF gained +27.4%. In the last 3 month period, WUGI beat the market returning +10.2%, while SPY returned +4.6%. However, in the most recent 2 weeks WUGI has underperformed the stock market by returning -0.7%, while SPY returned -0.5%.

WUGI support price is $57.65 and resistance is $59.83 (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 WUGI stock will trade within this expected range on the day.