Jpmorgan Active Bond ETF (JBND)

Jpmorgan Active Bond ETF is trading at $52.87, up 0.44% on the session. The 50 day average sits at $53.06 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 44.1, which reads as weak, and MACD is bullish crossover. Volume is average.

The nearest support is around $52.60 with resistance near $52.84, so that band frames the current range. Average daily movement is roughly $0.17, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 32, momentum of 55 and a risk score of 84.

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.