Capital Group Core Balanced ETF (CGBL)

Capital Group Core Balanced ETF is trading at $38.08, down 0.74% on the session. The 50 day average sits at $37.64 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 62.5, which reads as strong, and MACD is bullish crossover. Volume is average.

The nearest support is around $37.42 with resistance near $38.42, so that band frames the current range. Average daily movement is roughly $0.29, or about 0.8% of the share price, which is what any stop placement has to allow for. The overall health score of 78 out of 100 combines a trend score of 68, momentum of 78 and a risk score of 92.

In seeking to pursue its investment objective, the fund varies its mix of direct or indirect exposure to equity securities, debt securities and money market instruments and cash. Under normal market conditions, the fund’s investment adviser will maintain the following investment mix: 50%-75% in equity securities, at least 25% in debt securities, and the remainder of the fund’s assets (if any) in money market instruments and cash. The fund is non-diversified.