Invesco Variable Rate Investment Grade ETF (VRIG)
NasdaqGM
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Invesco Variable Rate Investment Grade ETF is trading at $25.02, up 0.14% on the session. The 50 day average sits at $25.07 and the 200 day at $25.08, which puts the stock in a downtrend. RSI is at 59.9, which reads as strong, and MACD is bullish crossover. Volume is below average.
The nearest support is around $25.06 with resistance near $25.09, so that band frames the current range. Average daily movement is roughly $0.02, or about 0.1% of the share price, which is what any stop placement has to allow for. The overall health score of 50 out of 100 combines a trend score of 7, momentum of 76 and a risk score of 84.
Technical indicators
About Invesco Variable Rate Investment Grade ETF
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment-grade, variable rate or floating rate debt securities. At least 80% of its net assets (plus any borrowings for investment purposes) will be invested in Variable Rate Instruments that are, at the time of purchase, investment grade (or in affiliated ETFs that invest primarily in any or all of the foregoing securities).