Invesco China Technology ETF (CQQQ)

Invesco China Technology ETF is trading at $50.41, down 2.67% on the session. The 50 day average sits at $52.71 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 44.7, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $50.50 with resistance near $53.24, so that band frames the current range. Average daily movement is roughly $1.06, or about 2.1% 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 28, momentum of 53 and a risk score of 77.

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains, and calculates the underlying index. The underlying index may include China A-Shares, B Shares, H Shares, N Shares, Red Chips, P Chips and S Chips. The fund is non-diversified.