Roundhill T-REX 2x Long DRAM Daily Target ETF (RAM)

Roundhill T-REX 2x Long DRAM Daily Target ETF is trading at $9.64, down 8.15% on the session. The 50 day average sits at $12.04 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 44.9, which reads as weak, and MACD is bullish crossover. Volume is above average.

The nearest support is around $7.86 with resistance near $13.18, so that band frames the current range. Average daily movement is roughly $1.03, or about 10.7% of the share price, which is what any stop placement has to allow for. The overall health score of 31 out of 100 combines a trend score of 28, momentum of 44 and a risk score of 16.

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 DRAM on a daily basis. It is non-diversified.