Graniteshares 2x Long Amd Daily Etf ETF Forecast

Buy or Hold candidate since Apr 01, 2026 Gain 534.59%

The Graniteshares 2x Long Amd Daily Etf ETF price gained 15.25% on the last trading day (Tuesday, 30th Jun 2026), rising from $71.80 to $82.75. During the last trading day the ETF fluctuated 14.06% from a day low at $73.46 to a day high of $83.79. The price has risen in 6 of the last 10 days and is up by 9.89% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $495.65 million.

The ETF lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 233.73% during the next 3 months and, with a 90% probability hold a price between $221.07 and $322.56 at the end of this 3-month period.

AMDL Signals & Forecast

Mostly positive signals in the chart today. The Graniteshares 2x Long Amd Daily Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $71.56 and $63.33. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 10, 2026, and so far it has risen 58.98%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Graniteshares 2x Long Amd Daily Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $77.00 and $68.20. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Graniteshares 2x Long Amd Daily Etf finds support just below today's level at $77.00. If this is broken, then the next support from accumulated volume will be at $68.20 and $66.90.

This ETF may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this ETF is considered to be "high risk". During the last day, the ETF moved $10.33 between high and low, or 14.06%. For the last week, the ETF has had daily average volatility of 13.86%.

Our recommended stop-loss: $79.69 (-3.70%) (This ETF has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (AMDL) For The Upcoming Trading Day Of Wednesday 1st

For the upcoming trading day on Wednesday, 1st we expect Graniteshares 2x Long Amd Daily Etf to open at $80.00, and during the day (based on 14 day Average True Range), to move between $78.35 and $87.15, which gives a possible trading interval of +/-$8.80 (+/-11.23%) up or down from last closing price. If Graniteshares 2x Long Amd Daily Etf takes out the full calculated possible swing range there will be an estimated 11.23% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $77.00, some $5.75 (6.95%) from the current price of $82.75, our system finds the risk reward attractive.

Is Graniteshares 2x Long Amd Daily Etf ETF A Buy?

Graniteshares 2x Long Amd Daily Etf holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.984 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 1, 2026 - $80.00 ( 3.32%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk