NEOS NASDAQ-100(R) High Income ETF (QQQI)

NEOS NASDAQ-100(R) High Income ETF is trading at $55.05, down 1.27% on the session. The 50 day average sits at $55.10 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $54.57 with resistance near $56.42, so that band frames the current range. Average daily movement is roughly $0.84, or about 1.5% of the share price, which is what any stop placement has to allow for. The overall health score of 70 out of 100 combines a trend score of 52, momentum of 77 and a risk score of 89.

The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Nasdaq-100® Index and a call options strategy, that consists of written (sold) call options on the Nasdaq-100® Index. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in securities, or derivative instruments linked to securities, of companies that are included in the reference index.