Taking everything into account, PXIU scores 0 out of 10 in our technical rating. PXIU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of PXIU 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.
4.15
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 PXIU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PXIU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PXIU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PXIU is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 29.34 | OVERSOLD | The low RSI value suggests PXIU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PXIU has a positive trend. |
| Stochastics (14,3) | 13.02 | OVERSOLD | The low Stochastics value suggests PXIU may be oversold. |
| Average True Range in percent/ATR (20) | 35.18 | HIGH VOLATILITY | The high ATR as a percentage value for PXIU suggests high volalility. |
| Average Directional Index/ADX (14) | 46.61 | POSITIVE | The high ADX value value for PXIU suggests a strong trend. |
4.19
+0.73 (+21.1%)
ChartMill assigns a technical rating of 0 / 10 to PXIU.
The current trend direction for T-REX 2XL UPXI DLT ETF (PXIU) is Bearish.
T-REX 2XL UPXI DLT ETF (PXIU) has an RSI value of 29.3408. This indicates that the stock is currently oversold.
The buy/sell signal for T-REX 2XL UPXI DLT ETF (PXIU) is sell as both the short term and long term trends are negative.