T. Rowe Price US Equity Research ETF (TSPA)

T. Rowe Price US Equity Research ETF is trading at $48.34, down 0.77% on the session. The 50 day average sits at $47.38 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 63.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $46.44 with resistance near $49.02, so that band frames the current range. Average daily movement is roughly $0.50, or about 1.0% 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 fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. equity securities. The advisor attempts to create a portfolio with similar characteristics to the Standard & Poor’s 500 Stock Index® (index) with the potential to provide excess returns relative to the index. The fund will generally remain fully invested (less than 5% in cash reserves) and seeks to be sector neutral when compared to the index. The fund is non-diversified.