Harbor Commodity All-Weather Strategy ETF (HGER)

Harbor Commodity All-Weather Strategy ETF is trading at $34.57, up 0.99% on the session. The 50 day average sits at $31.19 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 66.5, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $31.57 with resistance near $33.74, so that band frames the current range. Average daily movement is roughly $0.42, or about 1.2% 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 68, momentum of 82 and a risk score of 80.

The fund seeks to primarily invest, through its subsidiary, in one or more excess return swaps on the index. The index is composed of futures contracts on physical commodities and is constructed using QCI’s proprietary quantitative methodology, which considers a commodity’s relative inflation sensitivity and the relative cost of holding a “rolling” futures position in the commodity. It is non-diversified.