Tradr 2X Long QBTS Daily ETF (QBTX)
Cboe US
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Tradr 2X Long QBTS Daily ETF is trading at $8.84, down 15.57% on the session. The 50 day average sits at $20.47 and the 200 day at $48.62, which puts the stock in a downtrend. RSI is at 26.7, which reads as oversold, and MACD is bullish crossover. Volume is above average.
The nearest support is around $8.03 with resistance near $28.80, so that band frames the current range. Average daily movement is roughly $1.86, or about 21.1% of the share price, which is what any stop placement has to allow for. The overall health score of 22 out of 100 combines a trend score of 0, momentum of 52 and a risk score of 16.
Technical indicators
About Tradr 2X Long QBTS Daily ETF
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 QBTS. The Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of QBTS, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified.