Tradr 2X Long AAOI Daily ETF (AAOX)

Tradr 2X Long AAOI Daily ETF is trading at $3.80, down 25.49% on the session. The 50 day average sits at $9.29 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 35.3, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $3.60 with resistance near $11.56, so that band frames the current range. Average daily movement is roughly $1.38, or about 36.4% of the share price, which is what any stop placement has to allow for. The overall health score of 26 out of 100 combines a trend score of 25, momentum of 20 and a risk score of 34.

Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of AAOI. This may include AAOI stock in addition to financial instruments. The fund is non-diversified.