iShares Flexible Equity Active ETF (BFLX)

iShares Flexible Equity Active ETF is trading at $25.22, down 2.23% on the session. The 50 day average sits at $25.84 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 48.5, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $25.66 with resistance near $26.04, so that band frames the current range. Average daily movement is roughly $0.24, or about 1.0% 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 48, momentum of 42 and a risk score of 84.

Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities. It’s 80% policy, equity securities include common stock, preferred stock, depository receipts, and securities or other instruments whose price is linked to the value of common stock. The fund is non-diversified.