Graniteshares 2x Long Mu Daily Etf ETF Forecast

Sell candidate since Jul 01, 2026

The Graniteshares 2x Long Mu Daily Etf ETF price fell by -20.64% on the last day (Wednesday, 1st Jul 2026) from $36.82 to $29.22. During the last trading day the ETF fluctuated 13.69% from a day low at $29.21 to a day high of $33.21. The price has risen in 6 of the last 10 days but is still down by -5.25% for this period. Volume has increased on the last day by 4 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 11 million shares were bought and sold for approximately $310.52 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 160.31% during the next 3 months and, with a 90% probability hold a price between $8.60 and $106.56 at the end of this 3-month period.

MULL Signals & Forecast

The Graniteshares 2x Long Mu Daily Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $20.26 and $24.50. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, June 18, 2026, and so far it has fallen -22.35%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the ETF should be followed more closely.

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

Graniteshares 2x Long Mu Daily Etf finds support from accumulated volume at $27.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This ETF may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this ETF is considered to be "very high risk". During the last day, the ETF moved $4.00 between high and low, or 13.69%. For the last week, the ETF has had daily average volatility of 16.36%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MULL) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect Graniteshares 2x Long Mu Daily Etf to open at $30.55, and during the day (based on 14 day Average True Range), to move between $25.48 and $32.96, which gives a possible trading interval of +/-$7.49 (+/-29.38%) up or down from last closing price. If Graniteshares 2x Long Mu Daily Etf takes out the full calculated possible swing range there will be an estimated 29.38% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $27.80 (4.86%) than the resistance at $31.39 (7.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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

The Graniteshares 2x Long Mu Daily Etf ETF holds several negative signals and despite the positive trend, we believe Graniteshares 2x Long Mu Daily Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Sell candidate.

Current score: -1.656 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on July 2, 2026 - $30.55 ( 4.54%).

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