T-REX 2X Long TTD Daily Target Approaches Oversold Levels

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On Friday, shares of the T-REX 2X Long TTD Daily Target ETF (TTDU) hit an oversold threshold, trading as low as $1.12 per share. The Relative Strength Index (RSI) for TTDU recorded 29.5, indicating heightened selling pressure, while the S&P 500’s RSI stood at 68.3. An RSI below 30 signals that a stock is oversold, suggesting potential buying opportunities.

TTDU’s current price represents a significant decline of approximately 44.3% for the day, with a one-year range showing a low of $1.12 and a high of $38.49. The last traded price was $1.38.

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