Robo Global Robotics and Automation Index ETF (ROBO)

Robo Global Robotics and Automation Index ETF is trading at $82.09, down 3.22% on the session. The 50 day average sits at $82.91 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 57.9, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $81.25 with resistance near $85.46, so that band frames the current range. Average daily movement is roughly $1.75, or about 2.1% of the share price, which is what any stop placement has to allow for. The overall health score of 64 out of 100 combines a trend score of 52, momentum of 80 and a risk score of 61.

The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of robotics-related and/or automation-related companies. The fund may invest up to 20% of its assets in investments that are not included in the index, but which the Adviser and Sub-Adviser believe will help it track the index. It is non-diversified.