Technical Analysis for ETU - T-Rex 2X Long Ether Daily Target ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Calm After Storm | Range Contraction | -2.62% | |
NR7 | Range Contraction | -2.62% | |
Narrow Range Bar | Range Contraction | -2.62% | |
Inside Day | Range Contraction | -2.62% | |
Gapped Down | Weakness | -2.62% | |
Hammer Candlestick | Bullish | -1.34% | |
180 Bullish Setup | Bullish Swing Setup | -1.34% | |
Calm After Storm | Range Contraction | -1.34% | |
NR7 | Range Contraction | -1.34% | |
Doji - Bullish? | Reversal | -1.34% |
Alert | Time |
---|---|
Up 1% | about 21 hours ago |
Fell Below 10 DMA | about 21 hours ago |
Possible NR7 | 1 day ago |
Possible Inside Day | 1 day ago |
10 DMA Support | 2 days ago |
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T-Rex 2X Long Ether Daily Target ETF Description
ETU aims for bullish bets on the daily price of spot Ether through swap agreements. It seeks daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to Ether's daily price movements. The rebalancing value is based on an average price calculated during the final equity trading hour in New York. As a geared product, the fund is a short-term tactical tool, rather than a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should Ether's value decline by more than 50% relative to the fund, investors could face a total loss. The fund could also potentially lose money over time, even if Ether's performance strengthens.
Classification
Keywords: Short Term Tactical Tool Long Term Capital Management Ether Rebalancing Investments
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 42.8023 |
52 Week Low | 22.6 |
Average Volume | 29,906 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 0.00 |
10-Day Moving Average | 36.78 |
Average True Range | 2.83 |
RSI (14) | 62.96 |
ADX | 0.0 |
+DI | 46.51 |
-DI | 20.47 |
Chandelier Exit (Long, 3 ATRs) | 34.30 |
Chandelier Exit (Short, 3 ATRs) | 31.10 |
Upper Bollinger Bands | 0.00 |
Lower Bollinger Band | 0.00 |
Percent B (%b) | 0.0 |
BandWidth | 0.00 |
MACD Line | 3.00 |
MACD Signal Line | 2.25 |
MACD Histogram | 0.7457 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 38.59 | ||||
Resistance 3 (R3) | 38.73 | 37.79 | 38.05 | ||
Resistance 2 (R2) | 37.79 | 36.95 | 37.72 | 37.86 | |
Resistance 1 (R1) | 36.55 | 36.44 | 36.08 | 36.41 | 37.68 |
Pivot Point | 35.61 | 35.61 | 35.37 | 35.53 | 35.61 |
Support 1 (S1) | 34.37 | 34.77 | 33.90 | 34.23 | 32.96 |
Support 2 (S2) | 33.43 | 34.26 | 33.35 | 32.78 | |
Support 3 (S3) | 32.19 | 33.43 | 32.59 | ||
Support 4 (S4) | 32.05 |