Defiance Daily Target 2X Long HIMS ETF (HIMZ)

Defiance Daily Target 2X Long HIMS ETF is trading at $26.68, down 5.57% on the session. The 50 day average sits at $40.27 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 40.2, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $21.44 with resistance near $37.18, so that band frames the current range. Average daily movement is roughly $5.49, or about 20.6% of the share price, which is what any stop placement has to allow for. The overall health score of 21 out of 100 combines a trend score of 32, momentum of 20 and a risk score of 4.

The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.