iShares Broad USD Investment Grade Corporate Bond ETF (USIG)

iShares Broad USD Investment Grade Corporate Bond ETF is trading at $50.16, up 0.07% on the session. The 50 day average sits at $50.76 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 43, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $50.20 with resistance near $50.52, so that band frames the current range. Average daily movement is roughly $0.17, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 55 out of 100 combines a trend score of 32, momentum of 55 and a risk score of 92.

The underlying index consists of investment-grade corporate bonds that have $250 million or more of outstanding face value. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index.