T-REX 2X INVERSE MSTR DT ETF (MSTZ) Stock Technical Analysis
USA - NYSEARCA:MSTZ - US26923N4135 - ETF
Overall MSTZ gets a technical rating of 7 out of 10. MSTZ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although MSTZ has an excellent technical rating, it does not present a decent entry opportunity 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
4.38
3 important support areas can be observed.
- Support @4.73 from a trend line in the weekly time frame.
- Support @4.61 from a trend line in the daily time frame.
- Support @4.42 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 | NEUTRAL | NEUTRAL | The long term trend for MSTZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSTZ is up. |
| ChartMill Relative Strength | 70.83 | POSITIVE | MSTZ has a high relative strength, it outperformed 70.83% 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) | 62.76 | NEUTRAL | The RSI value for MSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MSTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.59 | NEUTRAL | The Stochastics value for MSTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 9.17 | HIGH VOLATILITY | The high ATR as a percentage value for MSTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 30.12 | POSITIVE | The high ADX value value for MSTZ suggests a strong trend. |
8.02
-0.35 (-4.18%)
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 7 / 10 to MSTZ.
What is the current trend direction of T-REX 2X INVERSE MSTR DT ETF (MSTZ) stock?
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 62.7586. This indicates that the stock is currently neutral.
Can you provide the MACD signal for T-REX 2X INVERSE MSTR DT ETF?
The MACD indicator for T-REX 2X INVERSE MSTR DT ETF (MSTZ) has a value of 0.170473, indicating a bearish trend.