T-REX 2X Long SNDK Daily Target ETF (SNDU)

T-REX 2X Long SNDK Daily Target ETF is trading at $16.30, down 0.79% on the session. The 50 day average sits at $22.63 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 33.4, which reads as weak, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $10.39 with resistance near $20.45, so that band frames the current range. Average daily movement is roughly $2.72, or about 16.7% of the share price, which is what any stop placement has to allow for. The overall health score of 29 out of 100 combines a trend score of 41, momentum of 26 and a risk score of 12.

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 SNDK on a daily basis. The fund may also seek to achieve its investment objective by purchasing call options on SNDK or by investing directly in the common stock of SNDK. The fund is non-diversified.