Jpmorgan Active Bond ETF (JBND)

Jpmorgan Active Bond ETF is trading at $50.83, down 0.24% on the session. The 50 day average sits at $52.30 and the 200 day at $53.40, which puts the stock in a downtrend. RSI is at 23.9, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $50.72 with resistance near $52.05, so that band frames the current range. Average daily movement is roughly $0.24, or about 0.5% of the share price, which is what any stop placement has to allow for. The overall health score of 39 out of 100 combines a trend score of 7, momentum of 38 and a risk score of 92.

The fund seeks to outperform (based on the fund’s total return, gross of fees) the Bloomberg U.S. Aggregate Bond Index (the benchmark) over a market cycle, typically a 3-5 year time horizon. As a matter of non-fundamental policy, under normal circumstances, the fund will invest at least 80% of its assets in bonds.