Global X MLP & Energy Infrastructure ETF (MLPX)

Global X MLP & Energy Infrastructure ETF is trading at $74.14, up 1.70% on the session. The 50 day average sits at $73.68 and the 200 day at $72.23, which puts the stock in a uptrend. RSI is at 54.4, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $73.61 with resistance near $73.89, so that band frames the current range. Average daily movement is roughly $1.30, or about 1.8% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 53, momentum of 67 and a risk score of 84.

The fund invests at least 80% of its total assets in the securities of the index. It also invests at least 80% of its total assets in securities of master limited partnerships and energy infrastructure corporations. The fund's 80% investment policies are non-fundamental and require 60 days prior written notice to shareholders before they can be changed. The index tracks the performance of midstream energy infrastructure MLPs and corporations. It is non-diversified.