T-REX 2X INVERSE MSTR DT ETF (MSTZ) Technical Analysis
NYSEARCA:MSTZ • US26923N4135
Current stock price
MSTZ Technical Rating and Analysis
Overall MSTZ gets a technical rating of 3 out of 10. In the past year, MSTZ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, MSTZ is a bad performer in the overall market: 80% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MSTZ has a been trading in the 8.71 - 14.03 range, which is quite wide. It is currently trading near the high of this range.
- MSTZ has an average volume of 17493500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MSTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MSTZ is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MSTZ Weekly and Daily overview Charts
MSTZ Setup Rating and Analysis
The technical rating of MSTZ 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
MSTZ Support and Resistance Analysis
9.32
2 important support areas can be observed.
- Support @11.26 from a trend line in the weekly time frame.
- Support @9.41 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.19 to 13.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MSTZ Technical Indicator Signal Analysis
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 | 20.39 | NEGATIVE | MSTZ has a low relative strength, it was outperformed by 79.61% 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) | 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) | 55.03 | NEUTRAL | The RSI value for MSTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests MSTZ has a positive trend. |
| Stochastics (14,3) | 82.08 | OVERBOUGHT | The high Stochastics value suggests MSTZ may be overbought. |
| Average True Range in percent/ATR (20) | 8.96 | HIGH VOLATILITY | The high ATR as a percentage value for MSTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 14.17 | NEGATIVE | The low ADX value for MSTZ suggests a weak or negative trend. |
MSTZ Chart- and CandleStick Pattern Analysis
MSTZ Technicals: Chart, Performance Metrics, Trend & Indicators
12.88
+0.4 (+3.21%)
T-REX 2X INVERSE MSTR DT ETF / MSTZ TA FAQ
Can you provide the ChartMill technical rating for T-REX 2X INVERSE MSTR DT ETF?
ChartMill assigns a technical rating of 3 / 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 T-REX 2X INVERSE MSTR DT ETF (MSTZ) stock?
T-REX 2X INVERSE MSTR DT ETF (MSTZ) has an RSI value of 55.0347. This indicates that the stock is currently neutral.
What is the support and resistance level for MSTZ stock?
T-REX 2X INVERSE MSTR DT ETF (MSTZ) has a support level at 11.26 and a resistance level at 13.19. Check the full technical report for our detailed analysis of MSTZ support and resistance levels.