


Technical Sentiment Analysis for Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE). As of 2026-05-07, Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SKRE stands at 38.96, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.22, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 29.82 and the Commodity Channel Index (CCI) at -145.88 further confirm a -0.17 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SKRE is trading below its 60-day moving average of $8.07 and below its 200-day long-term moving average of $9.25. Key price levels to watch include the immediate resistance at $7.72 and strong support at $7.13. A break above $7.72 could signal a bull continuation, while falling below $7.13 may test the next Fibonacci floor at $6.83.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.53 | 6.83 | 7.13 | 7.42 | 7.72 | 8.02 | 8.32 |
| Fibonacci | 6.83 | 7.06 | 7.2 | 7.42 | 7.65 | 7.79 | 8.02 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 38.96 |
| Stochastic Oscillator | 29.82 |
| Stochastic RSI | 46.46 |
| Commodity Channel Index (CCI) | -145.88 |
| Awesome Oscillator | -0.56 |
| Momentum | -0.17 |
| MACD | -0.22 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 7.38 | Sell |
| 10-Day | 7.43 | Sell |
| 20-Day | 7.47 | Sell |
| 60-Day | 8.07 | Sell |
| 200-Day | 9.25 | Sell |
| 250-Day | 9.82 | Sell |