Defiance Daily Target 2x Short Qbts Etf ETF Forecast

Sell candidate since Jul 30, 2026 Loss -29.60%

The Defiance Daily Target 2x Short Qbts Etf ETF price gained 5.37% on the last trading day (Monday, 10th Aug 2026), rising from $2.98 to $3.14. During the last trading day the ETF fluctuated 7.98% from a day low at $2.95 to a day high of $3.18. The price has been going up and down for this period, and there has been a -24.89% loss for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 4 million shares were bought and sold for approximately $11.53 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 falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this ETF.

QBTZ Signals & Forecast

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. The Defiance Daily Target 2x Short Qbts Etf 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 $3.32 and $4.70. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, July 24, 2026, and so far it has fallen -55.21%. 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).

Support, Risk & Stop-loss for Defiance Daily Target 2x Short Qbts Etf ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $2.98 and $2.93. 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, Defiance Daily Target 2x Short Qbts Etf finds support just below today's level at $2.98. If this is broken, then the next support from accumulated volume will be at $2.93 and $2.82.

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 $0.235 between high and low, or 7.98%. For the last week, the ETF has had daily average volatility of 14.11%.

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

Trading Expectations (QBTZ) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Defiance Daily Target 2x Short Qbts Etf to open at $3.09, and during the day (based on 14 day Average True Range), to move between $2.73 and $3.55, which gives a possible trading interval of +/-$0.81 (+/-29.65%) up or down from last closing price. If Defiance Daily Target 2x Short Qbts Etf takes out the full calculated possible swing range there will be an estimated 29.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.98 (5.10%) than the resistance at $3.51 (11.78%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Defiance Daily Target 2x Short Qbts Etf ETF A Buy?

Defiance Daily Target 2x Short Qbts Etf holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -7.119 Strong Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - $3.09 ( 1.65%).

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