Goldman Sachs Nasdaq-100 Premiu (GPIQ)

Goldman Sachs Nasdaq-100 Premiu is trading at $56.69, up 1.00% on the session. The 50 day average sits at $57.08 and the 200 day at $55.15, which puts the stock in a uptrend. RSI is at 39.7, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $55.97 with resistance near $56.85, so that band frames the current range. Average daily movement is roughly $0.72, or about 1.3% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 73, momentum of 29 and a risk score of 92.

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in investments in companies that are included in the fund’s benchmark. These investments may include equity securities such as common stock, preferred stock, warrants and other rights to acquire stock, and futures, forwards, options and derivatives on equity instruments that generate premium income for the fund. The fund is non-diversified.