Roundhill Neocloud ETF (NCLD)

Roundhill Neocloud ETF is trading at $14.97, down 11.26% on the session. The 50 day average sits at $21.77 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 38.5, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $14.66 with resistance near $24.21, so that band frames the current range. Average daily movement is roughly $1.40, or about 9.3% of the share price, which is what any stop placement has to allow for. The overall health score of 24 out of 100 combines a trend score of 32, momentum of 20 and a risk score of 18.

Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities (which may include depositary receipts) or financial instruments (i.e., swap agreements or forward contracts) that provide exposure to Neocloud Companies. For purposes of compliance with this investment policy, derivative contracts (i.e., swap agreements and forward contracts) will be valued at their notional value. It is non-diversified.