Leverage Shares 2X Long BMNR Daily ETF (BMNG)

Leverage Shares 2X Long BMNR Daily ETF is trading at $16.18, up 1.03% on the session. The 50 day average sits at $13.26 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 52.8, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $12.63 with resistance near $16.20, so that band frames the current range. Average daily movement is roughly $1.73, or about 10.7% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 61, momentum of 78 and a risk score of 4.

The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of BMNR, consistent with the fund’s investment objective. It is non-diversified.