First Trust Global Tactical Commodity Strategy Fund (FTGC)

First Trust Global Tactical Commodity Strategy Fund is trading at $29.96, down 0.23% on the session. The 50 day average sits at $28.33 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 62.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $28.75 with resistance near $29.74, so that band frames the current range. Average daily movement is roughly $0.29, or about 1.0% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 68, momentum of 79 and a risk score of 78.

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, "Commodities Instruments") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary.