GMO U.S. Quality ETF (QLTY)

GMO U.S. Quality ETF is trading at $42.84, up 0.00% on the session. The 50 day average sits at $41.62 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $41.31 with resistance near $43.52, so that band frames the current range. Average daily movement is roughly $0.38, or about 0.9% of the share price, which is what any stop placement has to allow for. The overall health score of 76 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 78.

The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing primarily in equities of U.S. companies that the fund’s adviser, Grantham, Mayo, Van Otterloo & Co. LLC (“GMO” or the “Adviser”), believes to be of high quality. Equity securities primarily include common and preferred stocks and, to a lesser extent, other stock-related securities, such as convertible securities, depositary receipts, equity real estate investment trusts, income trusts, and securities of other investment companies that investment primarily in equity securities.