Invesco Semiconductors ETF (PSI)

Invesco Semiconductors ETF is trading at $124.50, down 5.16% on the session. The 50 day average sits at $143.19 and the 200 day at $127.69, which puts the stock in a uptrend. RSI is at 44.7, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $131.67 with resistance near $158.64, so that band frames the current range. Average daily movement is roughly $5.30, or about 4.3% of the share price, which is what any stop placement has to allow for. The overall health score of 46 out of 100 combines a trend score of 49, momentum of 34 and a risk score of 56.

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of common stocks of 30 U.S. semiconductor companies. These companies are engaged principally in the manufacture of semiconductors. The fund is non-diversified.