T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ)

T-Rex 2X Inverse Tesla Daily Target ETF is trading at $10.44, down 3.96% on the session. The 50 day average sits at $13.37 and the 200 day at $13.15, which puts the stock in a uptrend. RSI is at 39.2, which reads as weak, and MACD is bullish crossover. Volume is above average.

The nearest support is around $10.63 with resistance near $12.41, so that band frames the current range. Average daily movement is roughly $0.84, or about 8.1% of the share price, which is what any stop placement has to allow for. The overall health score of 44 out of 100 combines a trend score of 37, momentum of 52 and a risk score of 42.

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% inverse (opposite) exposure to the price performance of TSLA on a daily basis. The fund is non-diversified.