Tradr 2X Short Iren Daily ETF (IREZ)

Tradr 2X Short Iren Daily ETF is trading at $13.47, down 7.10% on the session. The 50 day average sits at $19.87 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 49.2, which reads as neutral, and MACD is bullish crossover. Volume is above average.

The nearest support is around $13.23 with resistance near $21.51, so that band frames the current range. Average daily movement is roughly $2.98, or about 22.2% of the share price, which is what any stop placement has to allow for. The overall health score of 37 out of 100 combines a trend score of 28, momentum of 62 and a risk score of 18.

Under normal market circumstances, the advisor will maintain at least 80% exposure to financial instruments that provide two times inverse leveraged exposure to the daily performance of IREN. investing directly in the common stock of IREN. The fund is non-diversified.