Tradr 2X Long AAOI Daily ETF (AAOX)

Tradr 2X Long AAOI Daily ETF is trading at $19.66, down 23.44% on the session. The 50 day average sits at $26.46 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 56.1, which reads as strong, and MACD is bullish crossover. Volume is above average.

The nearest support is around $23.41 with resistance near $24.18, so that band frames the current range. Average daily movement is roughly $5.05, or about 25.7% of the share price, which is what any stop placement has to allow for. The overall health score of 46 out of 100 combines a trend score of 25, momentum of 88 and a risk score of 22.

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