Roundhill Magnificent Seven ETF (MAGS)

Roundhill Magnificent Seven ETF is trading at $66.97, down 0.56% on the session. The 50 day average sits at $65.97 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.4, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $64.66 with resistance near $69.09, so that band frames the current range. Average daily movement is roughly $1.25, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 68, momentum of 76 and a risk score of 79.

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective through its investment exposure to the companies comprising the “Magnificent Seven,” a group of seven companies commonly recognized for their market dominance in technological innovation. The fund is non-diversified.