T. Rowe Price QM U.S. Bond ETF (TAGG)

T. Rowe Price QM U.S. Bond ETF is trading at $41.73, down 0.13% on the session. The 50 day average sits at $42.12 and the 200 day at $42.70, which puts the stock in a downtrend. RSI is at 42.1, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $41.70 with resistance near $42.04, so that band frames the current range. Average daily movement is roughly $0.14, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 43 out of 100 combines a trend score of 7, momentum of 56 and a risk score of 84.

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. bonds. The fund’s overall investment strategy is to provide total returns that exceed the total returns of the Bloomberg U.S. Aggregate Bond Index. The index is a broadly diversified index that typically consists of investment-grade, fixed income instruments with intermediate- to long-term maturities.