Technical Analysis for SKRE - Tuttle Capital Daily 2X Inverse Regional Banks ETF

Grade Last Price % Change Price Change
F 12.11 1.00% 0.12
SKRE closed up 1.0 percent on Wednesday, November 20, 2024, on 55 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 1.00%
Narrow Range Bar Range Contraction 1.00%
Wide Bands Range Expansion 1.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 18 hours ago
Up 2% about 18 hours ago
Up 1% about 18 hours ago
Possible NR7 about 18 hours ago
Possible NR7 2 days ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The fund, under normal circumstances, invests in swap agreements that provide 200% inverse (opposite) daily exposure to TSLA equal to at least 80% of the fund"s net assets (plus any borrowings for investment purposes ). The fund advisor seeks daily leveraged inverse investment results and the fund is very different from most other exchange-traded funds and presents different and greater risks. The fund is non-diversified.
Classification

Keywords: Exchange Traded Funds Investment Management Private Equity Inverse Exchange Traded Fund Swaps Exchange Traded Products

Is SKRE 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 30.3599
52 Week Low 11.13
Average Volume 42,423
200-Day Moving Average 22.00
50-Day Moving Average 15.77
20-Day Moving Average 13.64
10-Day Moving Average 11.90
Average True Range 0.71
RSI (14) 34.21
ADX 35.43
+DI 15.22
-DI 37.15
Chandelier Exit (Long, 3 ATRs) 14.46
Chandelier Exit (Short, 3 ATRs) 13.27
Upper Bollinger Bands 17.60
Lower Bollinger Band 9.67
Percent B (%b) 0.31
BandWidth 58.12
MACD Line -1.26
MACD Signal Line -1.23
MACD Histogram -0.0362
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.49
Resistance 3 (R3) 12.51 12.39 12.43
Resistance 2 (R2) 12.39 12.29 12.39 12.41
Resistance 1 (R1) 12.25 12.23 12.32 12.24 12.39
Pivot Point 12.14 12.14 12.17 12.13 12.14
Support 1 (S1) 11.99 12.04 12.07 11.98 11.83
Support 2 (S2) 11.88 11.98 11.87 11.81
Support 3 (S3) 11.74 11.88 11.79
Support 4 (S4) 11.73