ZSB Stock Summary and Trading Ideas (Uscf ETF Trust Uscf Sustainable Battery Metals Strategy | ARCA:ZSB)

The Fund seeks to achieve its investment objective by investing primarily in metals derivative instruments ("Metals Derivatives") and, to a lesser extent in the equity securities of companies ("Metals Equities" and, together with Metals Derivatives, "Metals Investments") that are economically tied to the metals that are necessary for "Electrification". The Adviser uses a proprietary multi-factor quantitative methodology to select the Metals Investments. The Fund's holdings will consist of instruments tied to industrial metals, precious metals, and rare earth metals that are used in batteries, battery charging infrastructure, and sustainable energy generation and storage infrastructure. The Fund's Metals Investments will initially include metals such as cobalt, copper, iron ore, lithium, nickel, and other metals currently used in Battery and Electrification Infrastructure.

Uscf ETF Trust Uscf Sustainable Battery Metals Strategy trades on the ARCA stock market under the symbol ZSB.

As of May 16, 2024, ZSB stock price was flat at $16.17 with 79 million shares trading.

ZSB has a market cap of $1.62 million. This is considered a Sub-Micro Cap stock.

ZSB has underperformed the market in the last year with a price return of -20.8% while the SPY ETF gained +29.8%. However, in the short term, ZSB had mixed performance relative to the market. It has outperformed in the last 3 months, returning +13.2% vs +5.8% return in SPY. But in the last 2 weeks, ZSB shares have been beat by the market, returning +2.7% compared to an SPY return of +5.8%.

ZSB support price is $16.05 and resistance is $16.29 (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 ZSB stock will trade within this expected range on the day.