XES Stock Summary and Trading Ideas (SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF | ARCA:XES)

The SPDR S&P Oil & Gas Equipment & Services ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Oil & Gas Equipment & Services Select Industry Index (the Index ). The S&P Oil & Gas Equipment & Services Select Industry Index represents the oil and gas equipment and services segment of the S&P Total Market Index ( S&P TMI ). The S&P TMI is designed to track the broad U.S. equity market. The oil and gas equipment and services segment of the S&P TMI comprises the Oil & Gas Drilling sub-industry and the Oil & Gas Equipment & Services sub-industry. The Index is one of twenty-one (21) of the S&P Select Industry Indices (the Select Industry Indices ), each designed to measure the performance of a narrow sub-industry or group of sub-industries determined based on the Global Industry Classification Standard ( GICS ).

SPDR Series Trust SPDR S&P Oil & Gas Equipment & Services ETF trades on the ARCA stock market under the symbol XES.

As of May 13, 2024, XES stock price climbed to $92.43 with 108,484 million shares trading.

XES has a beta of 0.66, meaning it tends to be less sensitive to market movements. XES has a correlation of 0.09 to the broad based SPY ETF.

XES has a market cap of $292.54 million. This is considered a Small Cap stock.

In the last 3 years, XES stock traded as high as $100.81 and as low as $44.89.

XES has outperformed the market in the last year with a return of +31.7%, while the SPY ETF gained +27.8%. In the last 3 month period, XES beat the market returning +15.5%, while SPY returned +4.3%. However, in the most recent 2 weeks XES has underperformed the stock market by returning -0.2%, while SPY returned +2.5%.

XES support price is $90.51 and resistance is $93.69 (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 XES stock will trade within this expected range on the day.