iShares Defense Industrials Act (IDEF)

iShares Defense Industrials Act is trading at $32.83, down 1.41% on the session. The 50 day average sits at $32.86 and the 200 day at $33.11, which puts the stock in a downtrend. RSI is at 45.8, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $33.01 with resistance near $33.34, so that band frames the current range. Average daily movement is roughly $0.56, or about 1.7% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 63, momentum of 45 and a risk score of 77.

The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. and non-U.S. defense and related industrials companies. The fund is non-diversified.