iShares Global Government Bond USD Hedged Active ETF (GGOV)

iShares Global Government Bond USD Hedged Active ETF is trading at $50.16, up 0.22% on the session. The 50 day average sits at $50.11 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 47.1, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $50.03 with resistance near $50.47, so that band frames the current range. Average daily movement is roughly $0.21, or about 0.4% 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 32, momentum of 42 and a risk score of 84.

The fund seeks to achieve its investment objective by investing primarily in a portfolio of government bonds globally and related derivative instruments with similar economic characteristics while hedging currency exposure to United States (“U.S.”) dollars. The fund is non-diversified.