Technical Analysis for MSTZ - T-Rex 2X Inverse MSTR Daily Target ETF

Grade Last Price % Change Price Change
F 0.81 -19.52% -0.20
MSTZ closed down 19.52 percent on Wednesday, November 20, 2024, on 15.15 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong N/A N/A Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Volume Surge Other 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 20 hours ago
1.5x Volume Pace about 20 hours ago
3x Volume Pace about 20 hours ago
10x Volume Pace about 20 hours ago
Down 5% about 20 hours ago

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Profile

T-Rex 2X Inverse MSTR Daily Target ETF Description

MSTZ is designed for making bearish bets on the stock price of MicroStrategy Incorporated through swap agreements. The objective is to obtain daily inverse exposure equivalent to -200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to MSTR's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as 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. It's important to note that the fund could potentially lose money over time, even if MSTRs performance weakens. The fund is expected to hold money market funds, deposit accounts, and short-term debts.


Classification

Keywords: Swaps Money Market Money Market Fund Short Term Tactical Tool Long Term Capital Management Rebalancing Investments

Is MSTZ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.69
52 Week Low 0.6725
Average Volume 26,376,011
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 3.68
10-Day Moving Average 2.02
Average True Range 0.97
RSI (14) 16.67
ADX 61.63
+DI 8.42
-DI 46.99
Chandelier Exit (Long, 3 ATRs) 4.87
Chandelier Exit (Short, 3 ATRs) 3.58
Upper Bollinger Bands 7.39
Lower Bollinger Band -0.02
Percent B (%b) 0.11
BandWidth 201.20
MACD Line -2.55
MACD Signal Line -2.67
MACD Histogram 0.1181
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.15
Resistance 3 (R3) 1.14 1.02 1.09
Resistance 2 (R2) 1.02 0.93 1.02 1.07
Resistance 1 (R1) 0.92 0.88 0.85 0.92 1.05
Pivot Point 0.79 0.79 0.76 0.80 0.79
Support 1 (S1) 0.69 0.71 0.63 0.70 0.57
Support 2 (S2) 0.57 0.66 0.58 0.55
Support 3 (S3) 0.47 0.57 0.53
Support 4 (S4) 0.48