iShares Defense Industrials Act (IDEF)

iShares Defense Industrials Act is trading at $35.23, down 1.10% on the session. The 50 day average sits at $32.54 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 72.1, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $31.37 with resistance near $35.73, so that band frames the current range. Average daily movement is roughly $0.59, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 72 out of 100 combines a trend score of 72, momentum of 78 and a risk score of 65.

The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. defense and related industrials companies. The fund is non-diversified.