Capital Group New Geography Equity ETF (CGNG)

Capital Group New Geography Equity ETF is trading at $36.41, down 1.81% on the session. The 50 day average sits at $36.33 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $34.57 with resistance near $37.02, so that band frames the current range. Average daily movement is roughly $0.59, or about 1.6% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 52, momentum of 79 and a risk score of 71.

Under normal market conditions,the fund will invest at least 80% of its assets in equity securities. The fund invests primarily in common stocks of companies with significant exposure to developing countries. The securities markets of these countries may be referred to as emerging markets or frontier markets. The fund is non-diversified.