iMGP DBi Managed Futures Strategy ETF (DBMF)

iMGP DBi Managed Futures Strategy ETF is trading at $31.29, down 0.81% on the session. The 50 day average sits at $30.90 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 59.9, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $31.01 with resistance near $31.46, so that band frames the current range. Average daily movement is roughly $0.24, or about 0.8% of the share price, which is what any stop placement has to allow for. The overall health score of 77 out of 100 combines a trend score of 68, momentum of 77 and a risk score of 92.

The fund seeks to achieve its objective by: (i) investing its assets pursuant to a managed futures strategy; (ii) allocating up to 20% of its total assets in its wholly-owned subsidiary and (iii) investing directly in select debt instruments for cash management and other purposes. It is non-diversified.