JPMorgan Equity Premium Income ETF (JEPI)

JPMorgan Equity Premium Income ETF is trading at $57.89, up 0.19% on the session. The 50 day average sits at $56.66 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.5, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $56.82 with resistance near $58.05, so that band frames the current range. Average daily movement is roughly $0.32, or about 0.6% of the share price, which is what any stop placement has to allow for. The overall health score of 77 out of 100 combines a trend score of 68, momentum of 77 and a risk score of 92.

The fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities and (2) through equity-linked notes (ELNs),selling call options with exposure to the fund’s primary benchmark, the Standard & Poor’s 500 Total Return Index (the Benchmark). The resulting Fund is designed to provide investors with total return through capital appreciation and income, while exposing investors to lower volatility than the broad U.S. large cap market and also providing incremental income.