T-REX 2X Long HOOD Daily Target ETF (ROBN)

T-REX 2X Long HOOD Daily Target ETF is trading at $33.13, up 2.44% on the session. The 50 day average sits at $30.22 and the 200 day at $30.44, which puts the stock in a downtrend. RSI is at 49.5, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $27.25 with resistance near $34.20, so that band frames the current range. Average daily movement is roughly $3.47, or about 10.5% of the share price, which is what any stop placement has to allow for. The overall health score of 35 out of 100 combines a trend score of 59, momentum of 30 and a risk score of 4.

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