ZALT Stock Summary and Trading Ideas (Innovator Etfs Trust Innovator U.S. Equity 10 Buffer ETF - Quarterly | BATS:ZALT)

The Innovator U.S. Equity 10 Buffer ETF seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), to a cap, and provide a measure of downside protection by providing a 10% buffer over each 3-month outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period.

Innovator Etfs Trust Innovator U.S. Equity 10 Buffer ETF - Quarterly trades on the BATS stock market under the symbol ZALT.

As of January 17, 2025, ZALT stock price climbed to $30.07 with 59,481 million shares trading.

ZALT has a market cap of $350.32 million. This is considered a Small Cap stock.

ZALT has underperformed the market in the last year with a price return of +13.3% while the SPY ETF gained +28.0%. ZALT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.2% and +0.5%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

ZALT support price is $29.86 and resistance is $30.22 (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 ZALT shares will trade within this expected range on the day.