Defiance Daily Target 2x Short Qbts Etf ETF Forecast

Sell candidate since Apr 14, 2026 Loss -88.00%

The Defiance Daily Target 2x Short Qbts Etf ETF price fell by -4.65% on the last day (Tuesday, 23rd Jun 2026) from $3.87 to $3.69. During the last trading day the ETF fluctuated 27.13% from a day low at $3.17 to a day high of $4.03. The price has risen in 6 of the last 10 days but is still down by -7.75% for this period. Volume has increased on the last day by 3 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, 7 million shares were bought and sold for approximately $25.97 million.

The ETFhas broken the very wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is -$2.32, a level that may pose a second chance to hit a runner. According to fan-theory $9.42 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt. Due to the high volatility and the trend direction we are not able to give forecast range for this ETF. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

QBTZ Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 29, 2026, and so far it has risen 12.84%. 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). 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 $4.05 and $7.52. A break-up above any of these levels will issue buy signals. 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 Defiance Daily Target 2x Short Qbts Etf ETF

Defiance Daily Target 2x Short Qbts Etf finds support from accumulated volume at $3.54 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 $0.86 between high and low, or 27.13%. For the last week, the ETF has had daily average volatility of 19.84%.

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 Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Defiance Daily Target 2x Short Qbts Etf to open at $3.63, and during the day (based on 14 day Average True Range), to move between $2.94 and $4.44, which gives a possible trading interval of +/-$1.49 (+/-50.80%) 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 50.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.77 (2.17%) than the support at $3.54 (4.07%), 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 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: -6.713 Strong Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $3.63 ( 1.63%).

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