Leverage Shares 2X Long PYPL Daily ETF PYPG
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Leverage Shares 2X Long PYPL Daily ETF (PYPG) Investment Strategy and Portfolio Holdings Overview
The Leverage Shares 2X Long PYPL Daily ETF seeks to provide 2x daily leveraged exposure to the daily price movements of PayPal Holdings Inc. (PYPL) stock, before fees and expenses. This means that for each 1% movement in PYPL's stock price, the ETF aims to move approximately 2%, in the same direction.
Key Insights
Leverage Shares 2X Long PYPL Daily ETF (PYPG) Essential ETF Metrics and Performance Data
Latest Closing Price
$18.62Market Cap
$497,415Average Trade Volume
4,353 SharesTotal Outstanding Shares
30,000 SharesInception Date
April 4, 2025Primary Exchange
NASDAQ
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Revenue Breakdown
Distribution of revenue across unique business segments & geographies
Historical Stock Splits
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