T-REX 2X INVERSE MSTR DT ETF (MSTZ) Stock Technical Analysis
NYSEARCA:MSTZ • US26923N4135
Taking everything into account, MSTZ scores 0 out of 10 in our technical rating. MSTZ'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, MSTZ is a bad performer in the overall market: 90% of all stocks are doing better.
- In the last month MSTZ has a been trading in the 11.44 - 28.71 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.
- MSTZ has an average volume of 13910800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MSTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSTZ is lagging the market.
Although the technical rating is bad, MSTZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.22
3 important support areas can be observed.
- Support @11.62 from a horizontal line in the daily time frame.
- Support @4.54 from a horizontal line in the daily time frame.
- Support @4.26 from a horizontal line in the weekly 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 MSTZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSTZ is down. |
| ChartMill Relative Strength | 10.1 | NEGATIVE | MSTZ has a low relative strength, it was outperformed by 89.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSTZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSTZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MSTZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.84 | NEUTRAL | The RSI value for MSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests MSTZ has a negative trend. |
| Stochastics (14,3) | 10.7 | OVERSOLD | The low Stochastics value suggests MSTZ may be oversold. |
| Average True Range in percent/ATR (20) | 26.99 | HIGH VOLATILITY | The high ATR as a percentage value for MSTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 12.4 | NEGATIVE | The low ADX value for MSTZ suggests a weak or negative trend. |
11.95
-2.57 (-17.7%)
T-REX 2X INVERSE MSTR DT ETF / MSTZ FAQ
Can you provide the ChartMill technical rating for T-REX 2X INVERSE MSTR DT ETF?
ChartMill assigns a technical rating of 0 / 10 to MSTZ.
Can you provide the trend direction for T-REX 2X INVERSE MSTR DT ETF?
The current trend direction for T-REX 2X INVERSE MSTR DT ETF (MSTZ) is Bearish.
What is the RSI signal for MSTZ stock?
T-REX 2X INVERSE MSTR DT ETF (MSTZ) has an RSI value of 43.8432. This indicates that the stock is currently neutral.
What is the MACD signal for T-REX 2X INVERSE MSTR DT ETF (MSTZ) stock?
The MACD indicator for T-REX 2X INVERSE MSTR DT ETF (MSTZ) has a value of -0.36788, indicating a bearish trend.
What is the support and resistance level for MSTZ stock?
T-REX 2X INVERSE MSTR DT ETF (MSTZ) has a support level at 11.62. Check the full technical report for our detailed analysis of MSTZ support and resistance levels.