Tema Electrification ETF (VOLT)

Tema Electrification ETF is trading at $33.93, down 2.58% on the session. The 50 day average sits at $35.74 and the 200 day at $36.61, which puts the stock in a downtrend. RSI is at 36.8, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $32.33 with resistance near $36.17, so that band frames the current range. Average daily movement is roughly $0.84, or about 2.5% of the share price, which is what any stop placement has to allow for. The overall health score of 24 out of 100 combines a trend score of 3, momentum of 26 and a risk score of 55.

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies that are directly or indirectly economically tied to global electrification. The fund is non-diversified.