T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ)

T-Rex 2X Inverse NVIDIA Daily Target ETF is trading at $9.89, up 8.32% on the session. The 50 day average sits at $8.72 and the 200 day at $12.33, which puts the stock in a downtrend. RSI is at 51.6, which reads as neutral, and MACD is bullish crossover. Volume is above average.

The nearest support is around $8.68 with resistance near $9.35, so that band frames the current range. Average daily movement is roughly $0.46, or about 4.7% 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 20, momentum of 73 and a risk score of 46.

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 NVDA on a daily basis. The fund is non-diversified.