Microsectors Us Big Oil Index 3x Inverse Leveraged Etn ETF Forecast

Sell candidate since Jul 08, 2026 Loss -27.07%

The Microsectors Us Big Oil Index 3x Inverse ETF price fell by -4.00% on the last day (Friday, 31st Jul 2026) from $19.77 to $18.98. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 6.67% from a day low at $18.97 to a day high of $20.23. The price has fallen in 7 of the last 10 days and is down by -11.31% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -4 thousand shares and in total, 8 thousand shares were bought and sold for approximately $159.81 thousand.

The ETF lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $18.28 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -15.63% during the next 3 months and, with a 90% probability hold a price between $15.43 and $25.05 at the end of this 3-month period.

NRGD Signals & Forecast

There are few to no technical positive signals at the moment. The Microsectors Us Big Oil Index 3x Inverse ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $20.19 and $25.95. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 18, 2026, and so far it has fallen -41.24%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this ETF may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Microsectors Us Big Oil Index 3x Inverse ETF

There is no support from accumulated volume below today's level and given the right condition the ETF may perform very badly in the next couple of days.

This ETF may move very much during the day (volatility) and with periodic low trading volume this ETF is considered to be "very high risk". During the last day, the ETF moved $1.27 between high and low, or 6.67%. For the last week the ETF has had daily average volatility of 8.24%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NRGD) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Microsectors Us Big Oil Index 3x Inverse Leveraged Etn to open at $19.39, and during the day (based on 14 day Average True Range), to move between $18.10 and $19.86, which gives a possible trading interval of +/-$1.76 (+/-9.75%) up or down from last closing price. If Microsectors Us Big Oil Index 3x Inverse Leveraged Etn takes out the full calculated possible swing range there will be an estimated 9.75% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $20.20, some $1.22 (6.43%) from the current price of $18.98, our system finds the risk reward not very attractive.

Is Microsectors Us Big Oil Index 3x Inverse Leveraged Etn ETF A Buy?

Microsectors Us Big Oil Index 3x Inverse holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -4.864 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $19.39 ( 2.17%).

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