Graniteshares 2x Long Rddt Daily Etf ETF Forecast

Sell candidate since Jun 23, 2026

The Graniteshares 2x Long Rddt Daily Etf ETF price fell by -6.16% on the last day (Tuesday, 23rd Jun 2026) from $20.45 to $19.19. During the last trading day the ETF fluctuated 11.45% from a day low at $19.04 to a day high of $21.22. The price has fallen in 6 of the last 10 days and is down by -9.69% 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 -165 thousand shares and in total, 302 thousand shares were bought and sold for approximately $5.80 million.

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 30.13% during the next 3 months and, with a 90% probability hold a price between $22.16 and $33.65 at the end of this 3-month period.

RDTL Signals & Forecast

There are few to no technical positive signals at the moment. The Graniteshares 2x Long Rddt Daily Etf ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. On corrections up, there will be some resistance from the lines at $20.71 and $20.13. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 04, 2026, and so far it has fallen -22.31%. 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.

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

Graniteshares 2x Long Rddt Daily Etf finds support from accumulated volume at $18.48 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 $2.18 between high and low, or 11.45%. For the last week, the ETF has had daily average volatility of 12.44%.

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

Trading Expectations (RDTL) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Graniteshares 2x Long Rddt Daily Etf to open at $19.82, and during the day (based on 14 day Average True Range), to move between $17.81 and $20.57, which gives a possible trading interval of +/-$2.76 (+/-15.48%) 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 15.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $18.48 (3.70%) than the resistance at $21.35 (11.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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

The Graniteshares 2x Long Rddt Daily Etf ETF holds several negative signals and despite the positive trend, we believe Graniteshares 2x Long Rddt Daily Etf will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Sell candidate.

Current score: -3.865 Sell Candidate Downgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $19.82 ( 3.27%).

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