SMHB NEWS why is Etracs 2x Small Cap Hi Div Etn price falling or rising

SMHB NEWS reasons for why stock price of Etracs 2x Small Cap Hi Div Etn is falling or rising

SMHB Etracs 2x is falling or rising technical reasons

Technical analysis forecast for Etracs 2x Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Etracs 2x SMHB at this time. Stock is falling and might fall more.

It appears as if Etracs 2x SMHB gave a large move recently.

Stock of Etracs 2x (SMHB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Etracs 2x is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.5 as stoploss in an intra day buy trade for a target of 3.95. However, stock will show a bearish move below 3.5.

SMHB Etracs 2x is falling or rising NEWS fundamental reasons

More announcements and NEWS

SMHB Etracs 2x Small Cap Hi Div Etn current price & indicator signals

Moving Averages for Etracs 2x Small Cap Hi Div Etn

5Day Average: 3.66
12Day Average: 3.62
20Day Average: 3.93
50Day Average: 4.68
100Day Average: 5
150Day Average: 5.34
200Day Average: 5.5

SMHB Indicators & signals

Indicator MACD (12,26,9)

3.76, 4.07, -0.34
Indicator MACD is in negative zone

Indicator ADX (14)

0, 25, 25
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of SMHB Etracs 2x Small Cap Hi Div Etn are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
17 Thu Apr 2025	3.68	3.54 to 3.72	0.82%	0.55 times
16 Wed Apr 2025	3.65	3.51 to 3.66	0%	0 times
16 Wed Apr 2025	3.65	3.51 to 3.66	0%	0 times
16 Wed Apr 2025	3.65	3.51 to 3.66	0%	0 times
16 Wed Apr 2025	3.65	3.51 to 3.66	0%	0 times
16 Wed Apr 2025	3.65	3.51 to 3.66	0.55%	0.73 times
15 Tue Apr 2025	3.63	3.59 to 3.70	1.68%	0.52 times
14 Mon Apr 2025	3.57	3.47 to 3.62	3.18%	1.93 times
11 Fri Apr 2025	3.46	3.24 to 3.47	-1.42%	1.57 times
10 Thu Apr 2025	3.51	3.40 to 3.90	-12.25%	2.61 times
09 Wed Apr 2025	4.00	3.17 to 4.02	19.05%	2.64 times
08 Tue Apr 2025	3.36	3.31 to 3.95	-8.7%	5.21 times