T-Rex 2X Long NVIDIA Daily Target ETF (NVDX)

T-Rex 2X Long NVIDIA Daily Target ETF is trading at $19.77, down 4.68% on the session. The 50 day average sits at $17.98 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 61.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $19.22 with resistance near $20.77, so that band frames the current range. Average daily movement is roughly $1.20, or about 6.1% of the share price, which is what any stop placement has to allow for. The overall health score of 66 out of 100 combines a trend score of 64, momentum of 88 and a risk score of 40.

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 NVDA on a daily basis. The fund is non-diversified.