We assign a technical rating of 1 out of 10 to ETU. ETU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 94% of all other stocks performed better in the past year than ETU.
- ETU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month ETU has a been trading in the 12.82 - 18.72 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ETU is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.13
We found 4 important support areas.
- Support @15.85 from a trend line in the daily time frame.
- Support @14.88 from a trend line in the weekly time frame.
- Support @13.58 from a trend line in the daily time frame.
- Support @13.26 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.52 to 18.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for ETU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETU is neutral. |
| ChartMill Relative Strength | 6.33 | NEGATIVE | ETU has a low relative strength, it was outperformed by 93.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ETU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ETU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.75 | NEUTRAL | The RSI value for ETU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests ETU has a positive trend. |
| Stochastics (14,3) | 70.8 | NEUTRAL | The Stochastics value for ETU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for ETU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.43 | NEGATIVE | The low ADX value for ETU suggests a weak or negative trend. |
NYSEARCA:ETU (1/15/2026, 12:46:02 PM)
17.94
-0.59 (-3.18%)
T-REX 2X LONG ETHER D TA ETF / ETU FAQ
What is the ChartMill technical rating of T-REX 2X LONG ETHER D TA ETF (ETU) stock?
ChartMill assigns a technical rating of 1 / 10 to ETU.
What is the current trend direction of T-REX 2X LONG ETHER D TA ETF (ETU) stock?
The current trend direction for T-REX 2X LONG ETHER D TA ETF (ETU) is Bearish.
What is the RSI signal for ETU stock?
T-REX 2X LONG ETHER D TA ETF (ETU) has an RSI value of 59.7547. This indicates that the stock is currently neutral.
What is the MACD signal for ETU stock?
The MACD indicator for T-REX 2X LONG ETHER D TA ETF (ETU) has a value of 0.495372, indicating a bearish trend.
What is the support and resistance level for ETU stock?
T-REX 2X LONG ETHER D TA ETF (ETU) has a support level at 15.85. Check the full technical report for our detailed analysis of ETU support and resistance levels.