VanEck IG Floating Rate ETF (FLTR)

VanEck IG Floating Rate ETF is trading at $25.57, down 0.02% 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 55.8, which reads as strong, and MACD is bullish crossover. Volume is average.

The nearest support is around $25.54 with resistance near $25.60, 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 80 out of 100 combines a trend score of 77, momentum of 76 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.