Tuttle Capital Pure Play Photonics ETF (FOTO)

Tuttle Capital Pure Play Photonics ETF is trading at $19.58, down 10.59% on the session. The 50 day average sits at $21.54 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 52.7, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $19.76 with resistance near $21.28, so that band frames the current range. Average daily movement is roughly $1.44, or about 7.3% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 52, momentum of 69 and a risk score of 16.

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and swaps referencing companies whose primary business operations are directly related to photonics. The fund is non-diversified.