iShares MSCI Global Metals & Mining Producers ETF (PICK)

iShares MSCI Global Metals & Mining Producers ETF is trading at $61.85, down 1.90% on the session. The 50 day average sits at $60.12 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 55.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $60.30 with resistance near $66.79, so that band frames the current range. Average daily movement is roughly $1.38, or about 2.2% of the share price, which is what any stop placement has to allow for. The overall health score of 73 out of 100 combines a trend score of 64, momentum of 84 and a risk score of 71.

The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. The index measure the combined performance of equities of companies in both developed and emerging markets that are primarily involved in the extraction or production of diversified metals, the production of aluminum or steel and in the mining of precious metals and minerals. It is non-diversified.