SKRE:NASDAQTuttle Capital Daily 2X Inverse Regional Banks ETF Analysis
Data as of 2026-09-01 - not real-time
$6.47
Latest Price
8/10Risk
Risk Level: High
Executive Summary
The moving-average structure behind Tuttle Capital Daily 2X Inverse Regional Banks ETF is bearish at $6.46, with short-term averages lagging the long-term ones. The last 30 days have gained 6.5%. Momentum indicators put RSI at 63.4 (approaching overbought) with MACD reading bullish. Recent trading has carved out support near $5.70 and resistance around $6.51.
The 0.75% expense ratio is middling for its category, and the fund manages $5.1M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 26.3%, a beta of -1.43 and a maximum drawdown of 50.9%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
The 0.75% expense ratio is middling for its category, and the fund manages $5.1M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 26.3%, a beta of -1.43 and a maximum drawdown of 50.9%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Short, medium and long-term reads agree on hold, with conviction of 2/10.
Top Market Events
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Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 7.73
- MACD momentum is positive
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 7.73
- MACD momentum is positive
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- Thin trading liquidity raises execution risk
- Maximum drawdown of 50.9%
- Short-term moving averages stacked below long-term ones
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.75%
AUM$5.1M
Inception Date2024-01-03
Avg Daily Volume24,640
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield0.38%
Technical Analysis
TrendBearish
RSI63.4
Support$5.70
Resistance$6.51
MA 20$6.08
MA 50$6.16
MA 200$7.73
MACDBullish
VolumeStable
Fear & Greed Index94.79
Risk Assessment
Beta-1.43
Volatility26.34%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.