Avantis Emerging Markets Equity ETF (AVEM)

Avantis Emerging Markets Equity ETF is trading at $92.21, down 2.43% on the session. The 50 day average sits at $92.98 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.4, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $91.26 with resistance near $94.35, so that band frames the current range. Average daily movement is roughly $1.72, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 68 out of 100 combines a trend score of 52, momentum of 79 and a risk score of 79.

The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of companies related to emerging market countries.