T-Rex 2X Long NVIDIA Daily Target ETF (NVDX)

T-Rex 2X Long NVIDIA Daily Target ETF is trading at $16.53, down 7.13% on the session. The 50 day average sits at $19.68 and the 200 day at $18.09, which puts the stock in a uptrend. RSI is at 44.6, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $17.54 with resistance near $19.32, so that band frames the current range. Average daily movement is roughly $1.03, or about 6.2% of the share price, which is what any stop placement has to allow for. The overall health score of 44 out of 100 combines a trend score of 60, momentum of 23 and a risk score of 48.

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% exposure to the price performance of NVDA on a daily basis. The fund is non-diversified.