First Trust Global Tactical Commodity Strategy Fund (FTGC)

First Trust Global Tactical Commodity Strategy Fund is trading at $30.12, down 0.58% on the session. The 50 day average sits at $30.93 and the 200 day at $28.63, which puts the stock in a uptrend. RSI is at 38.3, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $30.01 with resistance near $30.64, so that band frames the current range. Average daily movement is roughly $0.31, or about 1.0% of the share price, which is what any stop placement has to allow for. The overall health score of 55 out of 100 combines a trend score of 57, momentum of 31 and a risk score of 84.

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, "Commodities Instruments") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary.