T-rex 2x Long Tesla Daily Target Etf ETF Forecast

Sell candidate since Jul 07, 2026 Loss -43.24%

The T-Rex 2X Long Tesla Daily Target ETF price gained 1.29% on the last trading day (Friday, 31st Jul 2026), rising from $10.07 to $10.20. During the last trading day the ETF fluctuated 9.16% from a day low at $9.61 to a day high of $10.49. The price has fallen in 7 of the last 10 days and is down by -36.05% for this period. Volume fell on the last day by -490 thousand shares and in total, 3 million shares were bought and sold for approximately $29.08 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 $9.10 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the ETF is expected to fall -35.85% during the next 3 months and, with a 90% probability hold a price between $5.84 and $10.93 at the end of this 3-month period.

TSLT Signals & Forecast

There are mixed signals in the ETF today. The T-Rex 2X Long Tesla Daily Target ETF holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the ETF giving a more negative forecast for the ETF. On further gains, the ETF will meet resistance from the long-term Moving Average at $16.11. On a fall, the ETF will find some support from the short-term average at $10.15. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 8.40%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.

Support, Risk & Stop-loss for T-Rex 2X Long Tesla Daily Target ETF

T-Rex 2X Long Tesla Daily Target finds support from accumulated volume at $10.07 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 very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $0.88 between high and low, or 9.16%. For the last week, the ETF has had daily average volatility of 7.84%.

T-Rex 2X Long Tesla Daily Target is oversold on RSI14 (16). Some ETFS may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

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

For the upcoming trading day on Monday, 3rd we expect T-Rex 2X Long Tesla Daily Target ETF to open at $10.10, and during the day (based on 14 day Average True Range), to move between $9.51 and $10.89, which gives a possible trading interval of +/-$1.37 (+/-14.44%) up or down from last closing price. If T-Rex 2X Long Tesla Daily Target ETF takes out the full calculated possible swing range there will be an estimated 14.44% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.07 (1.27%) than the resistance at $10.39 (1.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is T-Rex 2X Long Tesla Daily Target ETF ETF A Buy?

T-Rex 2X Long Tesla Daily Target holds several negative signals and we believe that 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: -4.829 Sell Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $10.10 ( 0.98%).

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