T-REX 2X Inverse CRWV Daily Target ETF (CORD)

T-REX 2X Inverse CRWV Daily Target ETF is trading at $6.18, up 3.69% on the session. The 50 day average sits at $3.35 and the 200 day at $9.02, which puts the stock in a downtrend. RSI is at 72.8, which reads as overbought, and MACD is bullish crossover. Volume is above average.

The nearest support is around $3.46 with resistance near $9.12, so that band frames the current range. Average daily movement is roughly $0.68, or about 11.0% 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 36, momentum of 78 and a risk score of 16.

he 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 CRWV on a daily basis. The fund is non-diversified.