iMGP DBi Managed Futures Strategy ETF (DBMF)

iMGP DBi Managed Futures Strategy ETF is trading at $31.61, up 0.73% on the session. The 50 day average sits at $30.97 and the 200 day at $30.22, which puts the stock in a uptrend. RSI is at 56.6, which reads as strong, and MACD is bearish crossover. Volume is below average.

The nearest support is around $31.00 with resistance near $31.54, so that band frames the current range. Average daily movement is roughly $0.24, or about 0.7% of the share price, which is what any stop placement has to allow for. The overall health score of 79 out of 100 combines a trend score of 93, momentum of 53 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.