


Technical Sentiment Analysis for GraniteShares 2x Long BABA Daily ETF (BABX). As of 2026-04-17, GraniteShares 2x Long BABA Daily ETF (BABX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 6 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BABX stands at 63.4, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.4, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 95.61 and the Commodity Channel Index (CCI) at 252.87 further confirm a 8.09 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BABX is trading below its 60-day moving average of $33.55 and below its 200-day long-term moving average of $37.83. Key price levels to watch include the immediate resistance at $31.24 and strong support at $21.51. A break above $31.24 could signal a bull continuation, while falling below $21.51 may test the next Fibonacci floor at $16.77.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 11.78 | 16.77 | 21.51 | 26.5 | 31.24 | 36.23 | 40.97 |
| Fibonacci | 16.77 | 20.49 | 22.79 | 26.5 | 30.22 | 32.52 | 36.23 |
2026-04-17
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 63.4 |
| Stochastic Oscillator | 95.61 |
| Stochastic RSI | 91.95 |
| Commodity Channel Index (CCI) | 252.87 |
| Awesome Oscillator | 1.22 |
| Momentum | 8.09 |
| MACD | -0.4 |
2026-04-17
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 28.26 | Buy |
| 10-Day | 26.24 | Buy |
| 20-Day | 25.31 | Buy |
| 60-Day | 33.55 | Sell |
| 200-Day | 37.83 | Sell |
| 250-Day | 35.79 | Sell |