Capital Group Growth ETF (CGGR)

Capital Group Growth ETF is trading at $46.93, up 1.47% on the session. The 50 day average sits at $46.25 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 58.9, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $45.87 with resistance near $47.23, so that band frames the current range. Average daily movement is roughly $0.68, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 63 out of 100 combines a trend score of 32, momentum of 78 and a risk score of 92.

The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital. It may invest up to 25% of its assets in common stocks and other securities of issuers domiciled outside the United States. The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. It is non-diversified.