Graniteshares 2x Long Nvda Daily Etf ETF Forecast

Sell candidate since Jun 05, 2026 Loss -4.89%

The GraniteShares 2x Long NVDA Daily ETF price fell by -7.48% on the last day (Wednesday, 10th Jun 2026) from $98.59 to $91.22. During the last trading day the ETF fluctuated 7.59% from a day low at $90.78 to a day high of $97.67. The price has fallen in 6 of the last 10 days and is down by -12.36% for this period. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -3 million shares and in total, 5 million shares were bought and sold for approximately $454.52 million.

Given the current short-term trend, the ETF is expected to rise 42.19% during the next 3 months and, with a 90% probability hold a price between $129.71 and $200.49 at the end of this 3-month period.

NVDL Signals & Forecast

There are few to no technical positive signals at the moment. The GraniteShares 2x Long NVDA Daily ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $101.94 and $105.54. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 14, 2026, and so far it has fallen -29.31%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. The ETF had a Golden Star Signal on Friday, January 23, 2026 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for GraniteShares 2x Long NVDA Daily ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $81.09 and $74.17. 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 NVDA Daily finds support just below today's level at $81.09. If this is broken, then the next support from accumulated volume will be at $74.17 and $72.57.

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 $6.89 between high and low, or 7.59%. For the last week, the ETF has had daily average volatility of 9.11%.

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

Trading Expectations (NVDL) For The Upcoming Trading Day Of Thursday 11th

For the upcoming trading day on Thursday, 11th we expect GraniteShares 2x Long NVDA Daily ETF to open at $93.22, and during the day (based on 14 day Average True Range), to move between $87.06 and $95.38, which gives a possible trading interval of +/-$8.32 (+/-9.56%) up or down from last closing price. If GraniteShares 2x Long NVDA Daily ETF takes out the full calculated possible swing range there will be an estimated 9.56% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $93.40 (2.39%) than the support at $81.09 (11.11%), 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 NVDA Daily ETF ETF A Buy?

The GraniteShares 2x Long NVDA Daily ETF holds several negative signals and despite the positive trend, we believe GraniteShares 2x Long NVDA Daily will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -2.220 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 11, 2026 - $93.22 ( 2.20%).

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