T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ)

T-Rex 2X Inverse MSTR Daily Target ETF is trading at $5.41, up 11.55% on the session. The 50 day average sits at $11.17 and the 200 day at $11.28, which puts the stock in a downtrend. RSI is at 33.4, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $4.40 with resistance near $10.86, so that band frames the current range. Average daily movement is roughly $1.32, or about 24.3% of the share price, which is what any stop placement has to allow for. The overall health score of 16 out of 100 combines a trend score of 3, momentum of 26 and a risk score of 22.

The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% inverse (opposite) exposure to the price performance of MSTR on a daily basis. The fund is non-diversified.