T-Rex 2X Long SNOW Daily Target ETF (SNOU)

T-Rex 2X Long SNOW Daily Target ETF is trading at $64.76, down 3.37% on the session. The 50 day average sits at $46.14 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 70, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $42.53 with resistance near $71.50, so that band frames the current range. Average daily movement is roughly $4.74, or about 7.3% of the share price, which is what any stop placement has to allow for. The overall health score of 64 out of 100 combines a trend score of 75, momentum of 88 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 SNOW on a daily basis. The fund is non-diversified.