iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB)

iShares 1-5 Year Investment Grade Corporate Bond ETF is trading at $51.23, down 0.05% on the session. The 50 day average sits at $51.82 and the 200 day at $52.40, which puts the stock in a downtrend. RSI is at 28.6, which reads as oversold, and MACD is bearish crossover. Volume is below average.

The nearest support is around $50.98 with resistance near $51.68, so that band frames the current range. Average daily movement is roughly $0.12, or about 0.2% of the share price, which is what any stop placement has to allow for. The overall health score of 40 out of 100 combines a trend score of 7, momentum of 39 and a risk score of 96.

The index measures the performance of investment-grade corporate bonds of both U.S. and non-U.S. issuers that are U.S. dollar-denominated, publicly issued in the U.S. domestic market or certain issuances pursuant to Rule 144A under the Securities Act of 1933, as amended, (the “1933 Act”) with or without registration rights, and have a remaining maturity of greater than or equal to one year and less than five years.