VanEck Rare Earth and Strategic Metals ETF (REMX)

VanEck Rare Earth and Strategic Metals ETF is trading at $49.99, down 5.12% on the session. The 50 day average sits at $67.46 and the 200 day at $84.34, which puts the stock in a downtrend. RSI is at 18.2, which reads as oversold, and MACD is bearish crossover. Volume is average.

The nearest support is around $50.62 with resistance near $64.22, so that band frames the current range. Average daily movement is roughly $1.62, or about 3.2% of the share price, which is what any stop placement has to allow for. The overall health score of 27 out of 100 combines a trend score of 0, momentum of 28 and a risk score of 69.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes companies primarily engaged in a variety of activities that are related to the producing, refining and recycling of rare earth and strategic metals and minerals. It is non-diversified.