Invesco KBW Bank ETF (KBWB)

Invesco KBW Bank ETF is trading at $98.71, down 0.56% on the session. The 50 day average sits at $94.65 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 64.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $96.64 with resistance near $100.06, so that band frames the current range. Average daily movement is roughly $1.48, or about 1.5% of the share price, which is what any stop placement has to allow for. The overall health score of 79 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 92.

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is a modified-market capitalization-weighted index of companies primarily engaged in U.S. banking activities, as determined by the index provider. The underlying index is designed to track the performance of large national U.S. money centers, regional banks, and thrift institutions that are publicly traded in the U.S. The fund is non-diversified.