Graniteshares 1.5x Short Tsla Daily Etf ETF Forecast

Hold candidate since Jun 22, 2026

The Graniteshares 1.5x Short Tsla Daily Etf ETF price fell by -2.25% on the last day (Monday, 22nd Jun 2026) from $7.99 to $7.81. During the last trading day the ETF fluctuated 10.68% from a day low at $7.45 to a day high of $8.25. The price has fallen in 6 of the last 10 days and is down by -8.97% 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, 34 million shares were bought and sold for approximately $267.37 million.

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. Given the current short-term trend, the ETF is expected to fall -31.40% during the next 3 months and, with a 90% probability hold a price between $3.54 and $6.03 at the end of this 3-month period. 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.

TSDD Signals & Forecast

The Graniteshares 1.5x Short Tsla Daily Etf ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $7.89. On a fall, the ETF will find some support from the long-term average at approximately $7.79. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. 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. A sell signal was issued from a pivot top point on Wednesday, June 10, 2026, and so far it has fallen -12.05%. Further fall is indicated until a new bottom pivot has been found. 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 Graniteshares 1.5x Short Tsla Daily Etf ETF

Graniteshares 1.5x Short Tsla Daily Etf finds support from accumulated volume at $7.68 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 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 $0.796 between high and low, or 10.68%. For the last week, the ETF has had daily average volatility of 7.06%.

Our recommended stop-loss: $7.42 (-4.98%) (This ETF has high daily movements and this gives high risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (TSDD) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Graniteshares 1.5x Short Tsla Daily Etf to open at $7.83, and during the day (based on 14 day Average True Range), to move between $7.48 and $8.14, which gives a possible trading interval of +/-$0.667 (+/-8.92%) up or down from last closing price. If Graniteshares 1.5x Short Tsla Daily Etf takes out the full calculated possible swing range there will be an estimated 8.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.68 (1.66%) than the resistance at $7.99 (2.30%), 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 1.5x Short Tsla Daily Etf ETF A Buy?

Graniteshares 1.5x Short Tsla Daily Etf holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: -0.393 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $7.83 ( 0.317%).

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