Roundhill T-REX 2x Long DRAM Daily Target ETF (RAM)

Roundhill T-REX 2x Long DRAM Daily Target ETF is trading at $9.30, down 10.32% on the session. The 50 day average sits at $12.72 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 31.4, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $8.29 with resistance near $12.61, so that band frames the current range. Average daily movement is roughly $1.08, or about 11.6% of the share price, which is what any stop placement has to allow for. The overall health score of 31 out of 100 combines a trend score of 41, momentum of 26 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 DRAM on a daily basis. It is non-diversified.