PIMCO Active Bond Exchange-Traded Fund (BOND)

PIMCO Active Bond Exchange-Traded Fund is trading at $88.69, up 1.00% on the session. The 50 day average sits at $88.98 and the 200 day at $91.55, which puts the stock in a downtrend. RSI is at 51.3, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $86.11 with resistance near $89.11, so that band frames the current range. Average daily movement is roughly $0.49, or about 0.6% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 7, momentum of 65 and a risk score of 92.

The fund normally invests at least 80% of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreement. It invests primarily in investment grade debt securities, but may invest up to 30% of its total assets in high yield securities, as rated by Moody's, S&P or Fitch, or, if unrated, as determined by PIMCO.