T-REX 2X LONG MSTR DT ETF (MSTU) Stock Technical Analysis
NYSEARCA:MSTU - NYSE Arca - US26923N4622 - ETF - Currency: USD
Overall MSTU gets a technical rating of 2 out of 10. MSTU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, MSTU is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month MSTU has a been trading in the 7.07 - 10.47 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MSTU has an average volume of 74728900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MSTU 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
5.56
10.01
3 important support areas can be observed.
- Support @7.45 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.28 to 7.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.62 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.37 to 8.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.28 from a trend line in the daily time frame.
- Resistance @9.91 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 | NEUTRAL | NEUTRAL | The long term trend for MSTU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSTU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MSTU 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 MSTU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSTU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 43.91 | NEUTRAL | The RSI value for MSTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests MSTU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.97 | OVERSOLD | The low Stochastics value suggests MSTU may be oversold. |
| Average True Range in percent/ATR (20) | 11.63 | HIGH VOLATILITY | The high ATR as a percentage value for MSTU suggests high volalility. |
| Average Directional Index/ADX (14) | 22.37 | NEUTRAL | The ADX value for MSTU 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)
7.46
-0.09 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.19%
1 Week-16.27%
2 Weeks-15.9%
1 Month-10.44%
3 Month50.71%
6 Month-52.97%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%11.63%
ATR Inc-48.27%
Range Today0.55
ADR(20)0.79
ADR(20)%10.57%
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 High10.09
10 Day Low7.07
20 Day High10.48
20 Day Low7.07
52 Week HighN/A
52 Week LowN/A
CS1 End7.45
CR1 Start8.37
Volume & EV
DER(3)-1.93%
DER(5)-2.01%
Volume42.14M
Volume Incr-14.63%
Vol(5)53.70M
Vol(50)74.73M