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

Sell candidate since Jun 01, 2026 Loss -8.23%

The Microsectors Us Big Oil Index 3x Inverse ETF price fell by -5.38% on the last day (Wednesday, 3rd Jun 2026) from $25.11 to $23.76. It has now fallen 3 days in a row. During the last trading day the ETF fluctuated 5.64% from a day low at $23.60 to a day high of $24.93. The price has risen in 6 of the last 10 days and is up by 4.35% over the past 2 weeks. Volume has increased on the last day by 16 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 39 thousand shares were bought and sold for approximately $927.69 thousand.

The ETF lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -16.90% during the next 3 months and, with a 90% probability hold a price between $14.90 and $26.92 at the end of this 3-month period.

NRGD Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, May 19, 2026, and so far it has risen 4.35%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. 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 $26.64 and $28.11. A break-up above any of these levels will issue buy signals. Microsectors Us Big Oil Index 3x Inverse gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

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

Microsectors Us Big Oil Index 3x Inverse finds support from accumulated volume at $23.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $1.33 between high and low, or 5.64%. For the last week, the ETF has had daily average volatility of 3.24%.

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 Thursday 4th

For the upcoming trading day on Thursday, 4th we expect Microsectors Us Big Oil Index 3x Inverse Leveraged Etn to open at $24.10, and during the day (based on 14 day Average True Range), to move between $22.86 and $24.66, which gives a possible trading interval of +/-$1.80 (+/-7.88%) 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 7.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $23.35 (1.73%) than the resistance at $24.99 (5.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.979 Sell Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 4, 2026 - $24.10 ( 1.42%).

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