XT Stock Summary and Trading Ideas (iShares Exponential Technologies ETF | NASDAQ:XT)

The iShares Exponential Technologies ETF seeks to track the investment results of an index composed of developed and emerging market companies that create or use exponential technologies.

iShares Exponential Technologies ETF trades on the NASDAQ stock market under the symbol XT.

As of May 3, 2024, XT stock price climbed to $57.38 with 93,781 million shares trading.

XT has a beta of 1.42, meaning it tends to be more sensitive to market movements. XT has a correlation of 0.81 to the broad based SPY ETF.

XT has a market cap of $3.33 billion. This is considered a Mid Cap stock.

In the last 3 years, XT stock traded as high as $67.48 and as low as $42.63.

XT has underperformed the market in the last year with a return of +15.3%, while the SPY ETF gained +26.1%. In the last 3 month period, XT fell short of the market, returning -0.3%, while SPY returned +3.7%. However, in the most recent 2 weeks XT has outperformed the stock market by returning +3.9%, while SPY returned +2.4%.

XT support price is $55.99 and resistance is $57.50 (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 XT stock will trade within this expected range on the day.