Graniteshares 2x Long Rddt Daily Etf ETF Forecast

Buy or Hold candidate since Jul 02, 2026 Gain 5.65%

The Graniteshares 2x Long Rddt Daily Etf ETF price gained 5.45% on the last trading day (Monday, 13th Jul 2026), rising from $25.88 to $27.29. During the last trading day the ETF fluctuated 10.23% from a day low at $25.60 to a day high of $28.22. The price has been going up and down for this period, and there has been a 41.4% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 52 thousand more shares were traded than the day before. In total, 362 thousand shares were bought and sold for approximately $9.87 million.

The ETF lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $27.98 will firstly indicate a stronger rate of rising. Given the current short-term trend, the ETF is expected to rise 23.24% during the next 3 months and, with a 90% probability hold a price between $22.12 and $34.48 at the end of this 3-month period.

RDTL Signals & Forecast

The Graniteshares 2x Long Rddt Daily Etf ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.71 and $21.83. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, July 06, 2026, and so far it has fallen -0.94%. Further fall is indicated until a new bottom pivot has been found.

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

Graniteshares 2x Long Rddt Daily Etf finds support from accumulated volume at $26.64 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 $2.62 between high and low, or 10.23%. For the last week, the ETF has had daily average volatility of 10.97%.

Our recommended stop-loss: $26.21 (-3.96%) (This ETF has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 5 days ago.)

Trading Expectations (RDTL) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect Graniteshares 2x Long Rddt Daily Etf to open at $27.04, and during the day (based on 14 day Average True Range), to move between $25.83 and $28.75, which gives a possible trading interval of +/-$2.92 (+/-11.31%) up or down from last closing price. If Graniteshares 2x Long Rddt Daily Etf takes out the full calculated possible swing range there will be an estimated 11.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $27.35 (0.24%) than the support at $26.64 (2.38%), 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 Rddt 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 Rddt 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: 4.153 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 14, 2026 - $27.04 ( 0.93%).

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