State Street SPDR Portfolio High Yield Bond ETF (SPHY)

State Street SPDR Portfolio High Yield Bond ETF is trading at $22.60, down 0.18% on the session. The 50 day average sits at $22.86 and the 200 day at $23.31, which puts the stock in a downtrend. RSI is at 53.3, which reads as neutral, and MACD is bullish crossover. Volume is volume spike.

The nearest support is around $22.42 with resistance near $23.05, so that band frames the current range. Average daily movement is roughly $0.10, or about 0.4% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 7, momentum of 72 and a risk score of 96.

The fund invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market.