iShares Russell Top 200 Value ETF (IWX)

iShares Russell Top 200 Value ETF is trading at $112.42, up 0.43% on the session. The 50 day average sits at $107.50 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $108.52 with resistance near $113.25, so that band frames the current range. Average daily movement is roughly $0.92, or about 0.8% of the share price, which is what any stop placement has to allow for. The overall health score of 76 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 78.

The underlying index measures the performance of equity securities of Russell Top 200 Index issuers with lower price-to-book ratios, lower sales-per-share historical growth and lower forecasted growth relative to all securities in the Russell Top 200 Index. BFA uses a representative sampling indexing strategy to manage the fund.