Fidelity Investment Grade Securitized ETF (FSEC)

Fidelity Investment Grade Securitized ETF is trading at $43.53, up 0.38% on the session. The 50 day average sits at $43.66 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 46.8, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $43.27 with resistance near $43.57, so that band frames the current range. Average daily movement is roughly $0.19, or about 0.4% 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 32, momentum of 66 and a risk score of 84.

The fund normally invests at least 80% of assets in investment-grade securitized debt securities (those of medium and high quality) and repurchase agreements for those securities. It invests in securitized debt securities issued by the U.S. government and its agencies or instrumentalities, foreign governments, and corporations. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury.