T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ)

T-Rex 2X Inverse NVIDIA Daily Target ETF is trading at $9.31, up 4.67% on the session. The 50 day average sits at $11.09 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 36.1, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $8.71 with resistance near $9.66, so that band frames the current range. Average daily movement is roughly $0.70, or about 7.5% of the share price, which is what any stop placement has to allow for. The overall health score of 34 out of 100 combines a trend score of 32, momentum of 26 and a risk score of 48.

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% inverse (opposite) exposure to the price performance of NVDA on a daily basis. The fund is non-diversified.