Fidelity Total Bond ETF (FBND)

Fidelity Total Bond ETF is trading at $44.04, down 0.05% on the session. The 50 day average sits at $44.16 and the 200 day at $45.31, which puts the stock in a downtrend. RSI is at 59.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $43.26 with resistance near $44.41, so that band frames the current range. Average daily movement is roughly $0.22, or about 0.5% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 7, momentum of 77 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.