iShares TIPS Bond ETF (TIP)

iShares TIPS Bond ETF is trading at $106.94, down 0.47% on the session. The 50 day average sits at $107.84 and the 200 day at $109.95, which puts the stock in a downtrend. RSI is at 41.7, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $106.80 with resistance near $107.14, so that band frames the current range. Average daily movement is roughly $0.34, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 45 out of 100 combines a trend score of 7, momentum of 55 and a risk score of 92.

The index tracks the performance of inflation-protected public obligations of the U.S. Treasury, commonly known as “TIPS,” that have a remaining maturity of more than one year. The fund will invest at least 80% of its assets in the component securities of the index, and it will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the index.