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

T-Rex 2X Inverse Tesla Daily Target ETF is trading at $14.54, up 1.47% on the session. The 50 day average sits at $13.42 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 46.2, which reads as neutral, and MACD is bearish crossover. Volume is above average.

The nearest support is around $11.29 with resistance near $14.13, so that band frames the current range. Average daily movement is roughly $1.15, or about 7.9% of the share price, which is what any stop placement has to allow for. The overall health score of 52 out of 100 combines a trend score of 75, momentum of 54 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% inverse (opposite) exposure to the price performance of TSLA on a daily basis. The fund is non-diversified.