Invesco National AMT-Free Municipal Bond ETF (PZA)

Invesco National AMT-Free Municipal Bond ETF is trading at $22.00, up 0.73% on the session. The 50 day average sits at $21.93 and the 200 day at $22.92, which puts the stock in a downtrend. RSI is at 56.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $21.46 with resistance near $23.17, so that band frames the current range. Average daily movement is roughly $0.19, or about 0.9% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 7, momentum of 79 and a risk score of 92.

The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is composed of U.S. dollar-denominated, tax-exempt municipal debt publicly issued by U.S. states and territories and their political subdivisions, in the U.S. domestic market.