State Street SPDR S&P Bank ETF (KBE)

State Street SPDR S&P Bank ETF is trading at $70.86, down 0.28% on the session. The 50 day average sits at $68.48 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 64.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $69.42 with resistance near $71.76, so that band frames the current range. Average daily movement is roughly $0.96, or about 1.4% of the share price, which is what any stop placement has to allow for. The overall health score of 78 out of 100 combines a trend score of 72, momentum of 76 and a risk score of 92.

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks segment of the S&P Total Market Index (“S&P TMI”). The S&P TMI is designed to track the broad U.S. equity market. It may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds.