NEOS Russell 2000 High Income ETF (IWMI)
Cboe US
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
NEOS Russell 2000 High Income ETF is trading at $48.89, down 1.31% on the session. The 50 day average sits at $50.48 and the 200 day at $50.83, which puts the stock in a downtrend. RSI is at 38.4, which reads as weak, and MACD is bullish crossover. Volume is below average.
The nearest support is around $47.90 with resistance near $48.98, so that band frames the current range. Average daily movement is roughly $0.57, or about 1.2% of the share price, which is what any stop placement has to allow for. The overall health score of 41 out of 100 combines a trend score of 3, momentum of 54 and a risk score of 84.
Technical indicators
About NEOS Russell 2000 High Income ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000® Index, a portfolio of stocks that make up the Russell 2000® Index, or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000®.