JPMorgan Municipal ETF (JMUB)

JPMorgan Municipal ETF is trading at $49.15, down 0.75% on the session. The 50 day average sits at $50.07 and the 200 day at $50.42, which puts the stock in a downtrend. RSI is at 37.9, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $49.55 with resistance near $50.01, so that band frames the current range. Average daily movement is roughly $0.12, or about 0.2% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 7, momentum of 32 and a risk score of 92.

Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. The fund may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers. It may invest in municipal mortgage-backed and asset-backed securities.