iShares U.S. Insurance ETF (IAK)

iShares U.S. Insurance ETF is trading at $145.85, up 1.36% on the session. The 50 day average sits at $141.73 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 50.7, which reads as neutral, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $145.11 with resistance near $149.98, so that band frames the current range. Average daily movement is roughly $2.17, or about 1.5% 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 72, momentum of 47 and a risk score of 67.

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the underlying index, but which BFA believes will help the fund track the index. The fund is non-diversified.