Global X MSCI Argentina ETF (ARGT)

Global X MSCI Argentina ETF is trading at $85.74, down 1.91% on the session. The 50 day average sits at $91.67 and the 200 day at $92.43, which puts the stock in a downtrend. RSI is at 43.9, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $83.59 with resistance near $89.72, so that band frames the current range. Average daily movement is roughly $1.80, or about 2.1% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 3, momentum of 51 and a risk score of 67.

The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to represent the performance of the broad Argentina equity universe, while including a minimum number of constituents. The fund is non-diversified.