VanEck Preferred Securities ex Financials ETF (PFXF)

VanEck Preferred Securities ex Financials ETF is trading at $16.60, down 1.60% on the session. The 50 day average sits at $17.64 and the 200 day at $18.03, which puts the stock in a downtrend. RSI is at 31.1, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $16.85 with resistance near $17.85, so that band frames the current range. Average daily movement is roughly $0.18, or about 1.1% of the share price, which is what any stop placement has to allow for. The overall health score of 34 out of 100 combines a trend score of 7, momentum of 28 and a risk score of 84.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations. The fund is non-diversified.