iShares Global Tech ETF (IXN)

iShares Global Tech ETF is trading at $134.69, down 5.11% on the session. The 50 day average sits at $143.38 and the 200 day at $127.63, which puts the stock in a uptrend. RSI is at 51.8, which reads as neutral, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $138.54 with resistance near $144.50, so that band frames the current range. Average daily movement is roughly $2.97, or about 2.2% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 77, momentum of 46 and a risk score of 77.

The fund seeks to track the investment results of the S&P Global 1200 Information Technology 4.5/22.5/45 Capped IndexTM, which is designed to measure the performance of global equities in the information technology sector. The underlying index is a subset of the S&P Global 1200, which is designed to measure the performance of large-capitalization stocks from major global markets, as determined by S&P Dow Jones Indices LLC (the “index provider” or “SPDJI”). It is non-diversified.