T-REX 2X Long HOOD Daily Target ETF (ROBN)

T-REX 2X Long HOOD Daily Target ETF is trading at $16.97, down 17.62% on the session. The 50 day average sits at $30.68 and the 200 day at $27.34, which puts the stock in a uptrend. RSI is at 33.8, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $19.44 with resistance near $28.18, so that band frames the current range. Average daily movement is roughly $2.72, or about 16.0% of the share price, which is what any stop placement has to allow for. The overall health score of 26 out of 100 combines a trend score of 37, momentum of 20 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 HOOD on a daily basis. The fund is non-diversified.