T-REX 2X LG BMNR DT ETF (BMNU) Stock Technical Analysis
USA - NYSEARCA:BMNU - US26923Q5642 - ETF
Taking everything into account, BMNU scores 1 out of 10 in our technical rating. In the last year, BMNU was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of BMNU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.75
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BMNU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMNU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BMNU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMNU is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 34.39 | NEUTRAL | The RSI value for BMNU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.08 | NEGATIVE | The MACD value suggests BMNU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.34 | OVERSOLD | The low Stochastics value suggests BMNU may be oversold. |
| Average True Range in percent/ATR (20) | 24.78 | HIGH VOLATILITY | The high ATR as a percentage value for BMNU suggests high volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for BMNU suggests a weak or negative trend. |
14.9
+1.28 (+9.4%)
T-REX 2X LG BMNR DT ETF / BMNU FAQ
What is the technical rating for BMNU stock?
ChartMill assigns a technical rating of 1 / 10 to BMNU.
What is the current trend direction of T-REX 2X LG BMNR DT ETF (BMNU) stock?
The current trend direction for T-REX 2X LG BMNR DT ETF (BMNU) is Bullish.
What is the RSI signal for BMNU stock?
T-REX 2X LG BMNR DT ETF (BMNU) has an RSI value of 34.3891. This indicates that the stock is currently neutral.
What is the MACD signal for T-REX 2X LG BMNR DT ETF (BMNU) stock?
The MACD indicator for T-REX 2X LG BMNR DT ETF (BMNU) has a value of -2.08097, indicating a bearish trend.