iShares U.S. Home Construction ETF (ITB)

iShares U.S. Home Construction ETF is trading at $92.74, up 0.69% on the session. The 50 day average sits at $89.76 and the 200 day at $96.15, which puts the stock in a downtrend. RSI is at 59.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $87.60 with resistance near $100.91, so that band frames the current range. Average daily movement is roughly $2.48, or about 2.7% of the share price, which is what any stop placement has to allow for. The overall health score of 59 out of 100 combines a trend score of 27, momentum of 81 and a risk score of 79.

The index measures the performance of the home construction sector of the U.S. equity market, as defined by the index provider. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.