PGIM AAA CLO ETF (PAAA)

PGIM AAA CLO ETF is trading at $51.30, down 0.35% on the session. The 50 day average sits at $51.42 and the 200 day at $51.38, which puts the stock in a uptrend. RSI is at 65.1, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $51.31 with resistance near $51.51, so that band frames the current range. Average daily movement is roughly $0.03, or about 0.1% of the share price, which is what any stop placement has to allow for. The overall health score of 64 out of 100 combines a trend score of 37, momentum of 76 and a risk score of 92.

Under normal circumstances, the fund invests at least 80% of its investable assets in U.S. dollar-denominated collateralized loan obligations (?CLOs?) that are, at the time of purchase, rated AAA (or equivalent) by at least one nationally recognized statistical rating organization (?NRSRO?) or, if unrated, determined by the subadviser to be of comparable quality. The fund is non-diversified.