T-REX 2X LNG BULL D TRGT ETF (BULU) Stock Technical Analysis
USA - NYSEARCA:BULU - US26923Q6632 - ETF
Overall BULU gets a technical rating of 2 out of 10. In the last year, BULU 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 BULU 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.
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19.55
When analyzing the support we notice one important area.
- A support zone ranging from 19.75 to 19.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @21.70 from a horizontal line in the daily time frame.
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 BULU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BULU is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BULU 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 BULU is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 41.95 | NEUTRAL | The RSI value for BULU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests BULU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.72 | OVERSOLD | The low Stochastics value suggests BULU may be oversold. |
| Average True Range in percent/ATR (20) | 12.33 | HIGH VOLATILITY | The high ATR as a percentage value for BULU suggests high volalility. |
| Average Directional Index/ADX (14) | 19.61 | NEGATIVE | The low ADX value for BULU suggests a weak or negative trend. |
NYSEARCA:BULU (9/12/2025, 5:47:03 PM)
20.8765
-0.82 (-3.78%)