Graniteshares 2x Short TSLA Daily ETF (TSDD)
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 TSLA Daily ETF is trading at $9.49, down 0.12% on the session. The 50 day average sits at $8.88 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 46.2, which reads as neutral, and MACD is bearish crossover. Volume is below average.
The nearest support is around $7.45 with resistance near $9.34, so that band frames the current range. Average daily movement is roughly $0.76, or about 8.0% 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 75, momentum of 54 and a risk score of 16.
Technical indicators
About Graniteshares 2x Short TSLA Daily ETF
The fund is an actively managed exchange traded fund that attempts to replicate 2x the inverse (-200%) daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock; at the end of each trading day, the notional exposure against the underlying stock obtained through the combination of these instruments will be approximately -200% of the fund’s net asset value. It is non-diversified.