T-REX 2X Long SKHY Daily Target ETF (HYNX)

T-REX 2X Long SKHY Daily Target ETF is trading at $14.58, up 5.35% on the session. The 50 day average sits at $24.76 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 29.6, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $13.61 with resistance near $24.51, so that band frames the current range. Average daily movement is roughly $2.36, or about 16.2% of the share price, which is what any stop placement has to allow for. The overall health score of 25 out of 100 combines a trend score of 25, momentum of 28 and a risk score of 22.

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% exposure to the price performance of the Reference Asset on a daily basis. It is non-diversified.