GraniteShares 2x Short SK Hynix Daily ETF (SKDD)
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 Short SK Hynix Daily ETF is trading at $11.53, down 9.23% on the session. The 50 day average sits at $8.85 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 68.3, which reads as strong, and MACD is bullish crossover. Volume is below average.
The nearest support is around $9.78 with resistance near $16.31, so that band frames the current range. Average daily movement is roughly $1.03, or about 8.9% of the share price, which is what any stop placement has to allow for. The overall health score of 53 out of 100 combines a trend score of 48, momentum of 88 and a risk score of 12.
Technical indicators
About GraniteShares 2x Short SK Hynix Daily ETF
The fund has adopted a policy to have at least 80% of its investment exposure to financial instruments with economic characteristics that should have 2 times the inverse performance of the Underlying Stock.