iShares Floating Rate Bond ETF (FLOT)

iShares Floating Rate Bond ETF is trading at $50.97, up 0.03% on the session. The 50 day average sits at $50.97 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 49.4, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $50.95 with resistance near $51.01, so that band frames the current range. Average daily movement is roughly $0.04, or about 0.1% of the share price, which is what any stop placement has to allow for. The overall health score of 57 out of 100 combines a trend score of 48, momentum of 42 and a risk score of 92.

The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index.