iShares Russell 1000 Value ETF (IWD)

iShares Russell 1000 Value ETF is trading at $257.31, up 0.27% on the session. The 50 day average sits at $247.24 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 71.8, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $248.30 with resistance near $259.30, so that band frames the current range. Average daily movement is roughly $2.04, or about 0.8% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 72, momentum of 69 and a risk score of 86.

The underlying index is a subset of the Russell 1000® Index, which measures the performance of the large- and mid-capitalization sector of the U.S. equity market, as defined by Russell. BFA uses a representative sampling indexing strategy to manage the fund. The fund may use derivatives to gain or reduce exposure to the components of the underlying index or exposure to one or more market risk factors associated with such components.