Overall OKTX gets a technical rating of 4 out of 10. In the last year, OKTX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, OKTX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.64. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for OKTX in the last couple of days, which is a good sign.
22.47
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for OKTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OKTX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | OKTX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OKTX is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 54.21 | NEUTRAL | The RSI value for OKTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests OKTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.94 | OVERBOUGHT | The high Stochastics value suggests OKTX may be overbought. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for OKTX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.69 | NEUTRAL | The ADX value for OKTX suggests a possible start of a new trend. |
NYSEARCA:OKTX (12/17/2025, 8:04:00 PM)
22.7
-1.22 (-5.11%)
ChartMill assigns a technical rating of 4 / 10 to OKTX.
The current trend direction for TRADR 2X LNG OKTA DAILY ETF (OKTX) is Bullish.
TRADR 2X LNG OKTA DAILY ETF (OKTX) has an RSI value of 54.2054. This indicates that the stock is currently neutral.
The short term momentum for TRADR 2X LNG OKTA DAILY ETF (OKTX) is positive.
The buy/sell signal for TRADR 2X LNG OKTA DAILY ETF (OKTX) is buy as both the short term and long term trends are positive.