iMGP DBi Managed Futures Strategy ETF (DBMF)

iMGP DBi Managed Futures Strategy ETF is trading at $32.45, down 0.76% on the session. The 50 day average sits at $32.17 and the 200 day at $30.96, which puts the stock in a uptrend. RSI is at 50.8, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $32.40 with resistance near $33.60, so that band frames the current range. Average daily movement is roughly $0.37, or about 1.2% of the share price, which is what any stop placement has to allow for. The overall health score of 77 out of 100 combines a trend score of 97, momentum of 42 and a risk score of 92.

The fund seeks to achieve its objective by: (i) investing its assets pursuant to a managed futures strategy; (ii) allocating up to 20% of its total assets in its wholly-owned subsidiary and (iii) investing directly in select debt instruments for cash management and other purposes. It is non-diversified.