GraniteShares 2x Long COIN Daily ETF (CONL)
NasdaqGM
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
GraniteShares 2x Long COIN Daily ETF is trading at $4.58, down 8.76% on the session. The 50 day average sits at $5.49 and the 200 day at $7.20, which puts the stock in a downtrend. RSI is at 42.3, which reads as weak, and MACD is bearish crossover. Volume is below average.
The nearest support is around $4.39 with resistance near $5.56, so that band frames the current range. Average daily movement is roughly $0.63, or about 13.8% of the share price, which is what any stop placement has to allow for. The overall health score of 17 out of 100 combines a trend score of 7, momentum of 20 and a risk score of 28.
Technical indicators
About GraniteShares 2x Long COIN Daily ETF
The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change the underlying stock by entering into financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock. The fund aims to generate 2 times the daily performance of the underlying stock for a single day. It is non-diversified.