


Technical Sentiment Analysis for GraniteShares 2x Short COIN Daily ETF (CONI). As of 2026-05-01, GraniteShares 2x Short COIN Daily ETF (CONI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 1 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CONI stands at 44, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -3.92, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 41.36 and the Commodity Channel Index (CCI) at -42.78 further confirm a 4.39 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CONI is trading above its 60-day moving average of $65.76 and above its 200-day long-term moving average of $55.25. Key price levels to watch include the immediate resistance at $53.32 and strong support at $38.03. A break above $53.32 could signal a bull continuation, while falling below $38.03 may test the next Fibonacci floor at $30.67.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 22.74 | 30.67 | 38.03 | 45.96 | 53.32 | 61.25 | 68.61 |
| Fibonacci | 30.67 | 36.51 | 40.12 | 45.96 | 51.8 | 55.41 | 61.25 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 44 |
| Stochastic Oscillator | 41.36 |
| Stochastic RSI | 35.49 |
| Commodity Channel Index (CCI) | -42.78 |
| Awesome Oscillator | -6.36 |
| Momentum | 4.39 |
| MACD | -3.92 |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 47.65 | Sell |
| 10-Day | 45.38 | Sell |
| 20-Day | 50.95 | Sell |
| 60-Day | 65.76 | Sell |
| 200-Day | 55.25 | Sell |
| 250-Day | 65.21 | Sell |