Tradr 2X Long BE Daily ETF (BEX)

Tradr 2X Long BE Daily ETF is trading at $22.37, down 20.73% on the session. The 50 day average sits at $40.45 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 46.8, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $23.40 with resistance near $31.28, so that band frames the current range. Average daily movement is roughly $6.87, or about 30.7% of the share price, which is what any stop placement has to allow for. The overall health score of 38 out of 100 combines a trend score of 25, momentum of 71 and a risk score of 12.

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