First Trust RBA American Industrial RenaissanceTM ETF (AIRR)

First Trust RBA American Industrial RenaissanceTM ETF is trading at $120.68, down 3.35% on the session. The 50 day average sits at $125.28 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 54, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $122.57 with resistance near $124.83, so that band frames the current range. Average daily movement is roughly $3.10, or about 2.6% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 32, momentum of 68 and a risk score of 64.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors.