Fidelity Total Bond ETF (FBND)

Fidelity Total Bond ETF is trading at $44.62, down 0.29% on the session. The 50 day average sits at $45.14 and the 200 day at $45.77, which puts the stock in a downtrend. RSI is at 40.9, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $44.65 with resistance near $45.20, so that band frames the current range. Average daily movement is roughly $0.21, or about 0.5% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 7, momentum of 32 and a risk score of 92.

Normally, the fund invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The manager uses the Bloomberg U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging market asset classes. The fund invests up to 20% of assets in lower-quality debt securities. It is managed to have similar overall interest rate risk to the index.