Graniteshares 2x Long Mu Daily Etf ETF Forecast

Buy or Hold candidate since Apr 09, 2026 Gain 323.11%

The Graniteshares 2x Long Mu Daily Etf ETF price gained 19.09% on the last trading day (Monday, 8th Jun 2026), rising from $579.00 to $689.54. During the last trading day the ETF fluctuated 8.96% from a day low at $650.00 to a day high of $708.24. The price has risen in 7 of the last 10 days and is up by 47.62% over the past 2 weeks. Volume fell on the last day by -123 thousand shares and in total, 499 thousand shares were bought and sold for approximately $344.20 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 210.44% during the next 3 months and, with a 90% probability hold a price between $1,575.39 and $2,983.26 at the end of this 3-month period.

MULL Signals & Forecast

The Graniteshares 2x Long Mu Daily Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $785.81. On a fall, the ETF will find some support from the long-term average at approximately $466.73. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely. 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 Wednesday, June 03, 2026, and so far it has fallen -25.85%. Further fall is indicated until a new bottom pivot has been found.

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

On the downside, the ETF finds support just below today's level from accumulated volume at $648.75 and $579.00. 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 Mu Daily Etf finds support just below today's level at $648.75. If this is broken, then the next support from accumulated volume will be at $579.00 and $538.36.

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 $58.24 between high and low, or 8.96%. For the last week, the ETF has had daily average volatility of 13.96%.

Our recommended stop-loss: $653.54 (-5.22%) (This ETF has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (MULL) For The Upcoming Trading Day Of Tuesday 9th

For the upcoming trading day on Tuesday, 9th we expect Graniteshares 2x Long Mu Daily Etf to open at $682.59, and during the day (based on 14 day Average True Range), to move between $643.61 and $735.46, which gives a possible trading interval of +/-$91.85 (+/-14.27%) 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 14.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $695.00 (0.79%) than the support at $648.75 (5.91%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

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

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Graniteshares 2x Long Mu Daily Etf ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold to a Buy candidate.

Current score: 3.174 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 9, 2026 - $682.59 ( 1.01%).

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