T-REX 2X LONG GME DLY TA ETF (GMEU) Stock Technical Analysis
NYSEARCA:GMEU - NYSE Arca - US26923Q7218 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to GMEU. GMEU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, GMEU is a bad performer in the overall market: 100% of all stocks are doing better.
GMEU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
GMEU has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
12.91
15.07
We can see 2 important resistance areas.
- A resistance zone ranging from 13.39 to 13.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.75 to 14.92. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GMEU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GMEU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | GMEU 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 GMEU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GMEU is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 37.49 | NEUTRAL | The RSI value for GMEU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GMEU has a positive trend. |
| Stochastics (14,3) | 24.52 | NEUTRAL | The Stochastics value for GMEU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for GMEU suggests high volalility. |
| Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for GMEU suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:GMEU (8/8/2025, 2:25:47 PM)
13.04
-0.19 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.44%
1 Week0.38%
2 Weeks-8.95%
1 Month-7.06%
3 Month-47.26%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%5.77%
ATR Inc-21.51%
Range Today0.54
ADR(20)0.74
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High14.6
10 Day Low12.48
20 Day High16.15
20 Day Low12.48
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start13.39
Volume & EV
DER(3)-0.69%
DER(5)-2.58%
Volume142.11K
Volume Incr-47.29%
Vol(5)189.40K
Vol(50)537.28K