BABX
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Technical Sentiment Analysis for GraniteShares 2x Long BABA Daily ETF (BABX). As of 2026-05-07, GraniteShares 2x Long BABA Daily ETF (BABX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BABX stands at 59, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.28, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.87 and the Commodity Channel Index (CCI) at 129.03 further confirm a 3.53 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BABX is trading below its 60-day moving average of $29.32 and below its 200-day long-term moving average of $38.09. Key price levels to watch include the immediate resistance at $31.02 and strong support at $25.01. A break above $31.02 could signal a bull continuation, while falling below $25.01 may test the next Fibonacci floor at $22.33.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 19 | 22.33 | 25.01 | 28.34 | 31.02 | 34.35 | 37.03 |
| Fibonacci | 22.33 | 24.63 | 26.05 | 28.34 | 30.64 | 32.06 | 34.35 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59 |
| Stochastic Oscillator | 58.87 |
| Stochastic RSI | 40.47 |
| Commodity Channel Index (CCI) | 129.03 |
| Awesome Oscillator | 2.23 |
| Momentum | 3.53 |
| MACD | 0.28 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 28.39 | Buy |
| 10-Day | 27.7 | Buy |
| 20-Day | 27.87 | Buy |
| 60-Day | 29.32 | Buy |
| 200-Day | 38.09 | Sell |
| 250-Day | 35.77 | Sell |