iShares Russell Mid-Cap Growth ETF (IWP)

iShares Russell Mid-Cap Growth ETF is trading at $133.16, down 2.72% on the session. The 50 day average sits at $140.35 and the 200 day at $138.01, which puts the stock in a uptrend. RSI is at 38.7, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $134.35 with resistance near $140.34, so that band frames the current range. Average daily movement is roughly $2.39, or about 1.8% of the share price, which is what any stop placement has to allow for. The overall health score of 47 out of 100 combines a trend score of 37, momentum of 31 and a risk score of 84.

The index measures the performance of the mid-capitalization growth sector of the U.S. equity market, as defined by Russell. BFA uses a representative sampling indexing strategy to manage the fund. It 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.