iShares MSCI Global Gold Miners ETF (RING)

iShares MSCI Global Gold Miners ETF is trading at $68.68, down 3.76% on the session. The 50 day average sits at $81.80 and the 200 day at $78.85, which puts the stock in a uptrend. RSI is at 44.8, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $73.60 with resistance near $78.37, so that band frames the current range. Average daily movement is roughly $2.53, or about 3.7% of the share price, which is what any stop placement has to allow for. The overall health score of 39 out of 100 combines a trend score of 41, momentum of 24 and a risk score of 56.

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.