First Trust Capital Strength ETF (FTCS)

First Trust Capital Strength ETF is trading at $102.18, up 1.26% on the session. The 50 day average sits at $96.29 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $95.75 with resistance near $101.12, so that band frames the current range. Average daily movement is roughly $1.09, or about 1.1% of the share price, which is what any stop placement has to allow for. The overall health score of 76 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 78.

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index seeks to provide exposure to well-capitalized companies with strong market positions that have the potential to provide their stockholders with a greater degree of stability and performance over time.