T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ)

T-Rex 2X Inverse Tesla Daily Target ETF is trading at $12.67, up 7.28% on the session. The 50 day average sits at $13.67 and the 200 day at $13.40, which puts the stock in a uptrend. RSI is at 45.4, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $12.08 with resistance near $13.80, so that band frames the current range. Average daily movement is roughly $1.04, or about 8.2% of the share price, which is what any stop placement has to allow for. The overall health score of 45 out of 100 combines a trend score of 60, momentum of 30 and a risk score of 42.

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% inverse (opposite) exposure to the price performance of TSLA on a daily basis. The fund is non-diversified.