iShares MSCI Global Gold Miners ETF (RING)

iShares MSCI Global Gold Miners ETF is trading at $78.27, down 2.50% on the session. The 50 day average sits at $68.52 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $72.67 with resistance near $78.71, so that band frames the current range. Average daily movement is roughly $2.77, or about 3.5% of the share price, which is what any stop placement has to allow for. The overall health score of 67 out of 100 combines a trend score of 64, momentum of 88 and a risk score of 44.

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index has been developed by MSCI Inc. (the "index provider" or "MSCI") to target a minimum of 30 companies in developed and emerging markets that are involved in the business of gold mining. The fund is non-diversified.