iShares U.S. Energy ETF (IYE)

iShares U.S. Energy ETF is trading at $67.20, up 1.42% on the session. The 50 day average sits at $60.43 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $60.78 with resistance near $65.88, so that band frames the current range. Average daily movement is roughly $1.31, or about 2.0% 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 83 and a risk score of 65.

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of the energy sector of the U.S. equity market. The fund is non-diversified.