


Technical Sentiment Analysis for Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE). As of 2026-07-08, Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SKRE stands at 36.89, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.3, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.28 and the Commodity Channel Index (CCI) at -71.52 further confirm a -0.35 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, SKRE is trading below its 60-day moving average of $7.22 and below its 200-day long-term moving average of $8.56. Key price levels to watch include the immediate resistance at $6.53 and strong support at $6. A break above $6.53 could signal a bull continuation, while falling below $6 may test the next Fibonacci floor at $5.74.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.47 | 5.74 | 6 | 6.27 | 6.53 | 6.8 | 7.06 |
| Fibonacci | 5.74 | 5.94 | 6.06 | 6.27 | 6.47 | 6.59 | 6.8 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 36.89 |
| Stochastic Oscillator | 19.28 |
| Stochastic RSI | 17.87 |
| Commodity Channel Index (CCI) | -71.52 |
| Awesome Oscillator | -0.76 |
| Momentum | -0.35 |
| MACD | -0.3 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 6.21 | Buy |
| 10-Day | 6.27 | Sell |
| 20-Day | 6.57 | Sell |
| 60-Day | 7.22 | Sell |
| 200-Day | 8.56 | Sell |
| 250-Day | 8.94 | Sell |