VanEck Fallen Angel High Yield Bond ETF (ANGL)

VanEck Fallen Angel High Yield Bond ETF is trading at $27.68, up 0.14% on the session. The 50 day average sits at $28.66 and the 200 day at $29.07, which puts the stock in a downtrend. RSI is at 24.8, which reads as oversold, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $27.45 with resistance near $28.61, so that band frames the current range. Average daily movement is roughly $0.14, or about 0.5% of the share price, which is what any stop placement has to allow for. The overall health score of 41 out of 100 combines a trend score of 7, momentum of 43 and a risk score of 92.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of below investment grade corporate bonds denominated in U.S. dollars that were rated investment grade at the time of issuance. It is non-diversified.