T-REX 2X INVER ET DAI TA ETF (ETQ) Stock Technical Analysis
NYSEARCA:ETQ • US98148L6965
Taking everything into account, ETQ scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ETQ is a bad performer.
- When comparing the yearly performance of all stocks, ETQ is a bad performer in the overall market: 87% of all stocks are doing better.
- ETQ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: ETQ has an average volume of 21904 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month ETQ has a been trading in the 38.28 - 90.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ETQ has an excellent technical rating, the quality of the presented setup is not ideal 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
72.13
When analyzing the resistance we notice 2 important areas.
- Resistance @80.91 from a horizontal line in the daily time frame.
- Resistance @87.02 from a trend 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 ETQ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETQ is up. |
| ChartMill Relative Strength | 13.39 | NEGATIVE | ETQ has a low relative strength, it was outperformed by 86.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ETQ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.72 | NEUTRAL | The RSI value for ETQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.29 | POSITIVE | The MACD value suggests ETQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.36 | NEUTRAL | The Stochastics value for ETQ is a neutral value. |
| Average True Range in percent/ATR (20) | 11.32 | HIGH VOLATILITY | The high ATR as a percentage value for ETQ suggests high volalility. |
| Average Directional Index/ADX (14) | 33.39 | POSITIVE | The high ADX value value for ETQ suggests a strong trend. |
NYSEARCA:ETQ (2/17/2026, 8:12:09 PM)
72.86
+2.84 (+4.06%)
T-REX 2X INVER ET DAI TA ETF / ETQ FAQ
What is the ChartMill technical rating of T-REX 2X INVER ET DAI TA ETF (ETQ) stock?
ChartMill assigns a technical rating of 7 / 10 to ETQ.
What is the current trend direction of T-REX 2X INVER ET DAI TA ETF (ETQ) stock?
The current trend direction for T-REX 2X INVER ET DAI TA ETF (ETQ) is Bullish.
What is the RSI signal for T-REX 2X INVER ET DAI TA ETF (ETQ) stock?
T-REX 2X INVER ET DAI TA ETF (ETQ) has an RSI value of 59.7155. This indicates that the stock is currently neutral.
Can you provide the MACD signal for T-REX 2X INVER ET DAI TA ETF?
The MACD indicator for T-REX 2X INVER ET DAI TA ETF (ETQ) has a value of 1.29217, indicating a bullish trend.
What is the buy/sell signal for ETQ stock?
The buy/sell signal for T-REX 2X INVER ET DAI TA ETF (ETQ) is buy as both the short term and long term trends are positive.