Capital Group Core Bond ETF (CGCB)

Capital Group Core Bond ETF is trading at $25.45, down 0.04% on the session. The 50 day average sits at $25.44 and the 200 day at $26.08, which puts the stock in a downtrend. RSI is at 58.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $25.40 with resistance near $25.55, so that band frames the current range. Average daily movement is roughly $0.12, or about 0.5% of the share price, which is what any stop placement has to allow for. The overall health score of 61 out of 100 combines a trend score of 27, momentum of 77 and a risk score of 92.

The fund advisor seeks to maximize the investors level of current income and preserve the investors capital by investing primarily in bonds. Normally the fund invests at least 80% of its assets in bonds and other debt securities, which may be represented by derivatives such as futures contracts and swaps. The fund is non-diversified.