YINN Stock Summary and Trading Ideas (Direxion Daily FTSE China Bull 3X | ARCA:YINN)

The Direxion Daily FTSE China Bull 3X Shares seeks daily investment results before fees and expenses of 300% of the price performance of the FTSE China 50 Index (the China Index). There is no guarantee the fund will meet its stated investment objective. The FTSE China 50 Index (TXIN0UNU) consists of the 50 largest and most liquid public Chinese companies currently trading on the Hong Kong Stock Exchange ( SEHK ). Securities in the Index are weighted based on the total market value of their shares, so that securities with higher total market values will generally have a higher representation in the Index.

Direxion Daily FTSE China Bull 3X trades on the ARCA stock market under the symbol YINN.

As of January 2, 2025, YINN stock price declined to $26.41 with 4,926,023 million shares trading.

YINN has a beta of 1.90, meaning it tends to be more sensitive to market movements. YINN has a correlation of 0.07 to the broad based SPY ETF.

YINN has a market cap of $1.51 billion. This is considered a Small Cap stock.

In the last 3 years, YINN traded as high as $209.61 and as low as $13.40.

YINN has outperformed the market in the last year with a return of +27.1%, while the SPY ETF gained +24.5%. However, in the most recent history, YINN shares have underperformed the stock market with its stock returning -28.5% in the last 3 month period and -9.1% for the last 2 week period, while SPY has returned +2.2% and -2.9%, respectively.

YINN support price is $26.57 and resistance is $29.31 (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 YINN shares will trade within this expected range on the day.