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

NEOS NASDAQ-100(R) High Income ETF is trading at $54.00, down 0.30% on the session. The 50 day average sits at $55.02 and the 200 day at $54.21, which puts the stock in a uptrend. RSI is at 33.4, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $53.61 with resistance near $54.91, so that band frames the current range. Average daily movement is roughly $0.65, or about 1.2% of the share price, which is what any stop placement has to allow for. The overall health score of 57 out of 100 combines a trend score of 53, momentum of 37 and a risk score of 92.

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.