SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)

SP Funds S&P 500 Sharia Industry Exclusions ETF is trading at $58.58, down 1.05% on the session. The 50 day average sits at $57.17 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 64.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $56.22 with resistance near $59.52, so that band frames the current range. Average daily movement is roughly $0.76, or about 1.3% of the share price, which is what any stop placement has to allow for. The overall health score of 74 out of 100 combines a trend score of 68, momentum of 79 and a risk score of 78.

The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities of the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in sharia companies that are component securities of the index. It is non-diversified.