T-REX 2X INVERSE MSTR DT ETF (MSTZ) Stock Technical Analysis
USA - NYSEARCA:MSTZ - US26923N4135 - ETF
6.09 USD
-0.28 (-4.4%)
6.05 USD
-0.04 (-0.66%)
Taking everything into account, MSTZ scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MSTZ was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than MSTZ.
MSTZ 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.
In the last month MSTZ has a been trading in the 4.03 - 6.59 range, which is quite wide. It is currently trading near the high of this range.
MSTZ has an average volume of 29236700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MSTZ has an average technical rating and it also does not offer a high 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
4.30
6.15
We found 1 important support area.
- Support @4.34 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 | DOWN | NEGATIVE | The long term trend for MSTZ is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSTZ is up. |
| ChartMill Relative Strength | 18.39 | NEGATIVE | MSTZ has a low relative strength, it was outperformed by 81.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSTZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSTZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSTZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60 | NEUTRAL | The RSI value for MSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MSTZ has a positive trend. |
| Stochastics (14,3) | 86.79 | OVERBOUGHT | The high Stochastics value suggests MSTZ may be overbought. |
| Average True Range in percent/ATR (20) | 8.78 | HIGH VOLATILITY | The high ATR as a percentage value for MSTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for MSTZ suggests a weak or negative 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)
6.09
-0.28 (-4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.4%
1 Week8.56%
2 Weeks40%
1 Month28.21%
3 Month71.07%
6 Month-21.32%
12 Month-95.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%8.78%
ATR Inc36.39%
Range Today0.62
ADR(20)0.48
ADR(20)%7.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.39
Mansfield-6.66
10 Day High6.59
10 Day Low4.03
20 Day High6.59
20 Day Low4.03
52 Week High155.6
52 Week Low3.09
CS1 End4.34
CR1 StartN/A
Volume & EV
DER(3)-0.7%
DER(5)-1.78%
Volume25.25M
Volume Incr-0.87%
Vol(5)21.75M
Vol(50)29.24M