Invesco Ultra Short Duration ETF (GSY)

Invesco Ultra Short Duration ETF is trading at $49.96, up 0.01% on the session. The 50 day average sits at $50.09 and the 200 day at $50.17, which puts the stock in a downtrend. RSI is at 33.3, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $49.90 with resistance near $50.15, so that band frames the current range. Average daily movement is roughly $0.04, or about 0.1% of the share price, which is what any stop placement has to allow for. The overall health score of 45 out of 100 combines a trend score of 7, momentum of 56 and a risk score of 92.

The fund will invest at least 80% of its net assets in fixed income securities and in ETFs and closed-end funds that invest substantially all of their assets in fixed income securities. It uses a low duration strategy to seek to outperform the ICE BofA U.S. Treasury Bill Index in addition to providing returns in excess of those available in U.S. Treasury bills, government repurchase agreements, and money market funds, while seeking to provide preservation of capital and daily liquidity.