iShares MSCI USA Momentum Factor ETF (MTUM)

iShares MSCI USA Momentum Factor ETF is trading at $291.89, up 1.15% on the session. The 50 day average sits at $309.82 and the 200 day at $288.10, which puts the stock in a uptrend. RSI is at 29.7, which reads as oversold, and MACD is bearish crossover. Volume is below average.

The nearest support is around $282.65 with resistance near $306.52, so that band frames the current range. Average daily movement is roughly $5.87, or about 2.0% of the share price, which is what any stop placement has to allow for. The overall health score of 65 out of 100 combines a trend score of 73, momentum of 37 and a risk score of 92.

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index.