Tradr 2X Long Sndk Daily ETF (SNXX)

Tradr 2X Long Sndk Daily ETF is trading at $6.78, down 27.25% on the session. The 50 day average sits at $13.74 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 31.9, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $6.29 with resistance near $10.88, so that band frames the current range. Average daily movement is roughly $1.59, or about 23.5% of the share price, which is what any stop placement has to allow for. The overall health score of 28 out of 100 combines a trend score of 25, momentum of 26 and a risk score of 34.

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 SNDK. This may include SNDK stock in addition to financial instruments. The fund is non-diversified.