Goldman Sachs S&P 500 Premium Income ETF (GPIX)

Goldman Sachs S&P 500 Premium Income ETF is trading at $54.84, down 2.18% on the session. The 50 day average sits at $55.97 and the 200 day at $54.24, which puts the stock in a uptrend. RSI is at 42.1, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $55.40 with resistance near $56.51, so that band frames the current range. Average daily movement is roughly $0.45, or about 0.8% of the share price, which is what any stop placement has to allow for. The overall health score of 71 out of 100 combines a trend score of 93, momentum of 31 and a risk score of 92.

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in investments in companies that are included in the fund’s benchmark. The fund will generally seek to maintain style, capitalization and industry characteristics similar to its benchmark. It is non-diversified.