Defiance Daily Target 2X Long HIMS ETF (HIMZ)

Defiance Daily Target 2X Long HIMS ETF is trading at $25.11, down 0.63% on the session. The 50 day average sits at $27.10 and the 200 day at $34.58, which puts the stock in a downtrend. RSI is at 47.3, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $23.35 with resistance near $27.60, so that band frames the current range. Average daily movement is roughly $3.20, or about 12.8% of the share price, which is what any stop placement has to allow for. The overall health score of 18 out of 100 combines a trend score of 3, momentum of 41 and a risk score of 10.

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.