VanEck IG Floating Rate ETF (FLTR)

VanEck IG Floating Rate ETF is trading at $25.55, up 0.04% on the session. The 50 day average sits at $25.56 and the 200 day at $25.53, which puts the stock in a uptrend. RSI is at 45.4, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $25.51 with resistance near $25.55, so that band frames the current range. Average daily movement is roughly $0.02, or about 0.1% of the share price, which is what any stop placement has to allow for. The overall health score of 67 out of 100 combines a trend score of 73, momentum of 42 and a risk score of 92.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. dollar-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States and rated investment grade. The fund is non-diversified.