First Trust Natural Gas ETF (FCG)

First Trust Natural Gas ETF is trading at $32.34, up 4.15% on the session. The 50 day average sits at $30.45 and the 200 day at $28.70, which puts the stock in a uptrend. RSI is at 61.4, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $31.07 with resistance near $31.99, so that band frames the current range. Average daily movement is roughly $0.71, or about 2.2% of the share price, which is what any stop placement has to allow for. The overall health score of 79 out of 100 combines a trend score of 81, momentum of 78 and a risk score of 77.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks, depositary receipts and MLP units and other securities that comprise the index. The index is designed to track the performance of mid and large capitalization companies that derive a substantial portion of their revenues from midstream activities and/or the exploration and production of natural gas.