T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ)

T-Rex 2X Inverse Bitcoin Daily Target ETF is trading at $3.08, up 8.07% on the session. The 50 day average sits at $3.57 and the 200 day at $4.66, which puts the stock in a downtrend. RSI is at 45.5, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $2.91 with resistance near $3.17, so that band frames the current range. Average daily movement is roughly $0.17, or about 5.4% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 0, momentum of 64 and a risk score of 56.

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 the Reference Assets on a daily basis. The fund is non-diversified.