Leverage Shares 2X Long CBRS Daily ETF (CBRG)

Leverage Shares 2X Long CBRS Daily ETF is trading at $4.28, down 28.75% on the session. The 50 day average sits at $5.12 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 47.6, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $4.16 with resistance near $5.35, so that band frames the current range. Average daily movement is roughly $1.09, or about 25.5% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 52, momentum of 78 and a risk score of 16.

The fund invests at least 80% of its net assets in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of the underlying security, on a daily basis, consistent with the fund’s investment objective. It is non-diversified.